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Insurance Quote Automation leverages AI and machine learning to efficiently process insurance quotes. This technology extracts critical information like policyholder details, coverage specifics, risk assessments, and premium calculations from unstructured and semi-structured documents.
With DeepOpinion's pioneering use of Generative AI and Large Language Models (LLMs), businesses can handle 99% of global document variations, including wide layout varieties, handwritten notes, and long contracts, with over 98% accuracy.
This significantly reduces error rates and eliminates the need for large training data sets, empowering businesses to build powerful AI models in minutes. Additionally, DeepOpinion's models continuously improve as more data is processed, leading to a data network effect that benefits all users.
The impact on operational efficiency is profound, with businesses witnessing significant improvements in their straight through processing rates, ultimately boosting overall business performance. By integrating with existing systems easily, scaling across teams and regions, and offering pre-trained models for instant impact, DeepOpinion revolutionizes insurance quote processing, enabling businesses to focus on delivering superior customer experiences.
Build Enterprise-Grade AI Apps
Create AI applications in minutes to process your documents without  using code.
Maximum Accuracy & Versatility
A single model can handle millions of different layouts with high accuracy, without the need for templates.
Zero-Training Needed
Use customizable pre-trained models that require no additional training, facilitating immediate deployment.
Continuous Accuracy Improvement
As new data is introduced, the Document AI enhances its accuracy through an automated learning loop.
Control Data Output
Easily manage data output and formats with features for data matching and the ability to loop in humans for review.
Frequently asked questions
DeepOpinion's approach to Insurance Quote processing drastically differs from traditional OCR (Optical Character Recognition) solutions in several key ways. Firstly, DeepOpinion employs AI technology to handle a wide variety of document layouts, thus reducing the dependence on position-based information that is characteristic of OCR solutions. It utilizes a Large Language Model (LLM) that can handle 99% of global variation and train for 98%+ accuracy without needing templates or pixel rules. This drastically reduces error rates (by up to 20x) and is capable of processing a wide range of documents, from unstructured and semi-structured to multi-page documents and contracts in 100+ languages. Secondly, DeepOpinion's technology does not require significant training data sets like traditional OCR solutions. Instead, it employs domain-tuned Generative LLM zero-shot capabilities to build powerful models in minutes without requiring any data training. For tasks that require additional accuracy, DeepOpinion's domain-tuned LLMs only require 50-100 training examples, again significantly outperforming major competitors on unstructured data. Furthermore, DeepOpinion offers pre-trained generative and discriminative AI apps that can instantly process, summarize or interpret data for various document types, making it a quick and customizable solution. Finally, DeepOpinion's AI models ensure continuous improvement in performance as more data is passed through them. This is due to the innovative model-listening, automated continuous learning loop and data network effect that the company has implemented. In addition, DeepOpinion's AI models include Generative Reasoning capabilities that can interpret relational and contextual information in documents, a feature not available in traditional OCR solutions. The intuitive, no-code design of the AI Hub coupled with its easy integration and scalability make DeepOpinion's approach to Insurance Quote processing a game-changer in the industry.
How easy and fast is it to start seeing results?
DeepOpinion enables rapid deployment and integration, allowing users to see immediate results. The platform's pre-trained models and zero-shot capabilities mean that powerful AI applications can be developed and deployed within minutes, without the need for extensive data training or technical expertise.
Do I need to train or label data?
No initial training or labeling is required to start with DeepOpinion. The platform uses pre-trained models that are highly efficient and effective right out of the box, handling 99% of global document variations. These models can achieve 98%+ accuracy without the need for custom templates, pixel rules, or extensive labeled datasets, significantly reducing reliance on large amounts of training data traditionally required for AI systems.
However, for those seeking to fine-tune performance beyond 98% accuracy, DeepOpinion is designed to be 20x more data-efficient compared to traditional models. Where competitors might require 1,000-2,000 samples to improve model accuracy, DeepOpinion can achieve substantial accuracy improvements with just 50-100 examples. This unique feature allows for highly efficient, targeted learning that enhances the AI's capabilities with minimal data input, making DeepOpinion a highly adaptable and efficient choice for optimizing document processing AI performance.
How can I integrate it into my other software tools and systems?
DeepOpinion can be securely and robustly integrated with over 200+ enterprise systems, including RPAs, BPMs, databases, chatbots, and more, via API. The platform supports REST API for seamless connectivity, facilitating easy and fast integration into existing software landscapes and enabling drag & drop live integrations.
Does DeepOpinion offer Human in the Loop capabilities?
Yes, DeepOpinion offers advanced Human in the Loop (HITL) capabilities, allowing for exception handling and precision improvement through human oversight. The platform's HITL interface and active learning sessions identify low-confidence data points that, if interpreted by a human, could significantly enhance performance, ensuring efficient and continuous improvement of AI accuracy.
Which languages do you support?
DeeOpinion offers robust language support for text and document processing, covering the official language or predominant spoken language in 182 countries. Specifically, it provides processing capabilities for 100+ languages for text and 55+ languages for documents.
Text Processing Languages Supported:
Afrikaans, Albanian, Amharic, Arabic, Armenian, Assamese, Azerbaijani, Basque, Belarusian, Bengali, Bengali (Romanized), Bosnian, Breton, Bulgarian, Burmese, Catalan, Chinese (Simplified), Chinese (Traditional), Chinese (Cantonese), Chinese (Taiwanese), Czech, Danish, Dutch, English (US), English (GB), Esperanto, Estonian, Filipino, Finnish, French, Galician, Georgian, German, Greek, Gujarati, Hausa, Hebrew, Hindi, Hindi Romanized, Hungarian, Icelandic, Indonesian, Irish, Italian, Japanese, Javanese, Kannada, Kazakh, Khmer, Korean, Kurdish (Kurmanji), Kyrgyz, Lao, Latin, Latvian, Lithuanian, Macedonian, Malagasy, Malay, Malayalam, Marathi, Mongolian, Nepali, Norwegian, Oriya, Oromo, Pashto, Persian, Polish, Portuguese, Punjabi, Romanian, Russian, Sanskrit, Serbian, Sinhala, Slovak, Slovenian, Somali, Spanish, Sundanese, Swahili, Swedish, Tamil, Tamil Romanized, Telugu, Telugu Romanized, Thai, Turkish, Ukrainian, Urdu, Urdu Romanized, Uzbek, Vietnamese, Welsh, Xhosa, and Yiddish.
Document Processing Lanuages Supported:
For document processing we support: Afrikaans, Albanian, Arabic, Bengali, Bulgarian, Chinese (Simplified), Chinese (Traditional), Chinese (Cantonese), Chinese (Taiwanese), Croatian, Czech, Danish, Dutch, English (US), English (GB), Estonian, Farsi (Persian), Filipino (Tagalog), Finnish, French, German, Greek, Gujarati, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Kannada, Korean, Latvian, Macedonian, Malayalam, Marathi, Nepali, Norwegian, Polish, Portuguese, Punjabi, Romanian, Russian, Slovak, Slovenian, Somali, Spanish, Swahili, Swedish, Tamil, Telugu, Thai, Turkish, Ukrainian, Urdu, Vietnamese.