Lumen AI extracts information from all types of Enclosed Data across documents and converts them into actionable insights through proprietary Machine Learning and Al algorithms.
Security
Security is the key aspect of this solution. Entire solution is built in-house and can be deployed at client environment.
Template Agnostic
The solution is template agnostic, so it can handle any kind of document and extract the required information.
Scalable solution
Lumen AI leverages distributed computing to seamlessly process documents at scale.
Accuracy & Coverage
On an average, Lumen AI has achieved up to 95% accuracy and 90% coverage on all processed documents.
Lumen AI Case Studies
AUTOMATION OF CLAIM PROCESSING
For a large insurance firm, Lumen AI streamlined claim processing by automating the extraction of key data from diverse claim documents. This reduced claim resolution times from days to seconds and significantly increased accuracy.
NEW PRODUCT DEVELOPMENT FOR FLOOD INSURANCE
Lumen AI enabled product owners to swiftly and accurately analyze vast sets of unstructured environmental and property data for developing a new flood insurance product. This accelerated time-to-market and ensured the product was backed by comprehensive, real-time insights.
AUTOMATION OF UNDERWRITING PROCESS
Lumen AI helped to automate the underwriting process by intelligently extracting and analyzing data from multiple document types, such as medical records and financial statements. This reduced manual errors and decision-making time, leading to quicker policy issuance and higher customer satisfaction.