Insurance Industry News & Views - September 29 2021
Chisel AI’s Submission Intake and Policy Checking Technologies Implemented by Zurich North America’s Construction Business
Automated Underwriting and Placement Workflows Powered by AI Enhance Policy Quality and Speed of Issuance
Toronto, Canada, Sept 29, 2021 – Chisel AI, a technology provider for the global insurance industry, today announced that global insurance carrier, Zurich North America has implemented its Submission Intake and Policy Check solutions to automate core Construction underwriting and placement processes, ensure policy quality, and reduce the costs of policy rework and reissuance.
Under this agreement, Chisel AI’s machine learning and natural language understanding solutions will read, extract, and ingest unstructured data from lengthy and complex digital insurance documents and automate time-consuming manual submission intake and policy checking tasks.