Annotation Solutions
Insurance Services
Full-Service Data Solutions to Help Minimize Risk & Maximize Your Returns
Accelerate Your Processes & Mitigate Risk with High-Quality Data Solutions
Applications and claims processing can be complex and time consuming. Carriers need to consistently, accurately identify critical data points from multiple sources and inputs. Handling large volumes of information can strain internal resources with time consuming, manual tasks.
The Innodata Approach
We ensure quality and consistency identifying critical data points. Utilizing deep neural networks to automate digitization and extraction of key data points, we provide proven efficiencies and reduced cycle times. Our scalable solutions can accurately process your highest volumes during peak periods.
Accurate
World-class workflows and easy-to-use insurance-specific platforms, coupled with process control techniques allow us to deliver the world’s highest quality data products and services.
Secure
We take data security and privacy seriously and we’re certified to handle the most sensitive and highly regulated data at any scale.
Efficient
With access to an on-demand team, we can process and annotate your data within your set time frame at a large scale.
Global
24/7 global operations supporting data in 25+ languages, including Chinese, Korean, Japanese, and languages in Cyrillic and Roman script.
Meet an Expert
Meg Farrell- VP, Data Solutions
Meg develops personalized solutions through ML technologies to solve business needs across the insurance value chain
Data Annotation Services to Streamline Operations
Innodata helps carriers implement data-driven workflows to solve business needs end-to end
Geospatial Data & Imagery Analytics
Improve initial pricing, ongoing property valuation and catastrophe assessment through aerial, drone and satellite imagery.
Smart Data
Train, not program, your systems. Harnessing the volume and velocity of unstructured data allows insurance organizations to use advanced machine learning to drive smart, automated applications.
Medical Records data LAbeling
Unlock the contents of paper and imaged medical documents (including EHR) and turn them into usable, machine-readable information.
Risk Mitigation
Personal Insurance Managers
Train chatbots to better understand intent and enhance the customer experience for applications, policy management and claims.
Damage Assessments
Process high volumes of images to expedite assessments with precise outcomes for auto and property claims.
Insurance Services Success Stories
We help some of the world’s leading insurance institutions solve their toughest data challenges.
Auto Claims Influx With Data Analytics
Auto claims damage assessment company needs to provide more precise outcomes.
Auto Claims Influx With Data Analytics
An auto claims damage assessment company needed to provide more precise outcomes on their platform.
Execution
-
Accurately annotated and provided a comprehensive list and severity of damages from mobile phone pictures
-
The client needed to retrain the AI models for more accurate outcomes. This required cleaner datasets
Results
-
Deployed a managed approach that included workflow, infrastructure and resources.
• Phase 1: processing of mobile phone: pictures averaged 10,000 total loss images/week.
• Phase 2: processing is incorporated CCTV
Legal, Regulatory & Compliance Document Annotations
High-quality, annotation and analysis of regulation and legislation documents needed for quick turn around
Legal, Regulatory & Compliance Document Annotations
High-quality, annotation and analysis of regulation and legislation documents needed for quick turn around
Execution
- Integration of Machine Learning (ML) into the project’s Production Suite Tool.
- Automatic delivery of the processed data into the client’s web-based regulatory research tool.
Results
- Achieved 80% accuracy before integrating machine learning but with the ML integration, we are achieving an accuracy of 99%.
- SME involvement has shifted to QC of the suggested terms based on the confidence level threshold.