Automated KYC document and medical reports processing
India’s top life insurance providers uses an automated KYC and medical report processing utility powered by Artificial Intelligence. The utility extracts relevant information from images of various identity documents and medical reports and provides it in a structured format.
Business Impact
Automated 25k + document processing per day. Reducing manual work by 80%
Increased accuracy by reducing human errors.
Methodology
Insurance providers use an automated KYC and medical report processing utility by Artificial Intelligence. Google Vision API’s OCR and Google Cloud Platform’s serverless architecture and advanced semantic value extraction without using fixed coordinates based approach were used.