Applications of AI in the insurance space are continually evolving with the release of new solutions and increasing efficiency. Intelligent document processing solutions that leverage AI and machine learning techniques can now ingest a broad range of structured, unstructured, and semi-structured documents. Adoption is growing among insurers, but price points remain a barrier.

This report provides an overview of the vendor marketplace for intelligent document processing solutions based on publicly available information, selected vendor briefings, and responses to survey questions. Vendors continue to enhance their offerings, and this report represents a point-in-time view of capabilities.

Clients of Datos Insights’ Life, Annuities, & Benefits and Property & Casualty services can download this report.

This report mentions ABBYY, AWS, Cinnamon AI, CogniSure, Google, Groundspeed, Hyperscience, Infrrd, IntellectAI, Kofax, mea, Microsoft, Pibit.ai, and Send.