Is Your Underwriting Process Slowing You Down? Let’s face it, manual processes can be a total drag.?Here’s how you’ll know it’s time for a change: -?Wasting Time:?Gathering documents by hand takes forever.?TechMor does it in minutes!? - Compliance Risks:?Mistakes happen when details aren’t cross-checked. TechMor’s AI catches them all.? - Scalability Issues:?Market shifts? No problem. Handle more work without adding staff. ??Why Automation? TechMor’s AI-powered underwriting makes your process faster, smarter, and stress-free.? ?Ready to save time and work smarter? Let us know in the comments! #UnderwritingAutomation #SaveTime #WorkSmarter #AIForBusiness?#LoanProcessing #TechMor
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??Today, we’re thrilled to kick off our first announcement with the release of our new #GenAI Agent: Automated Addback Insights! Addbacks have long been a time-consuming bottleneck in financial analysis. With Lama AI’s?Automated #Addbacks, we’re eliminating the manual hassle and streamlining loan underwriting like never before.??? As with everything we do, our solution features?fully configurable models for each partner, ensuring a perfect fit with your bank’s unique processes.??? This is just the beginning—stay tuned for more groundbreaking updates in the weeks ahead! #Innovation #LamaAI #BusinessLending #AIExecution #GoBeyond
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Automated underwriting is revolutionizing insurance in 2024! Leveraging AI, machine learning, and big data, it streamlines risk assessment, enhances efficiency, and improves customer experiences. Discover how Earnix’s Underwrite-It platform is leading the way. Read more in this FinTech Global article featuring our very own Aaron Wright, FCAS, CPCU >> https://lnkd.in/gVPh9Wdy #underwriting #AI #data
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Your underwriting process is leaving money on the table. Every. Single. Day. ?? Here's how to fix it: 1. Reduce manual data entry (it's 2024, after all) 2. Automate where possible (free up humans for critical thinking) 3. Implement AI for risk assessment (for faster, more accurate results) 4. Provide real-time dashboards in one place (empower your underwriters with data) 5. Establish feedback loops (each underwriter's knowledge is precious and belongs to you) Still using gut feel + Excel? Your shareholders deserve better. #TechModernization #InsuranceTech #Insurance
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Submission documents come from brokers who work differently and have their own ways of sharing these documents.? Efficiency is of utmost importance to brokers and limited ingestion options can hinder this process and lead to loss of business! Magic Submission ingests documents from multiple sources to streamline this process.?Whether brokers send data in the email body, or via email attachments, S3 buckets, links, zip files, images, or even handwritten documents, Magic Submission's output is the same. Learn more about the world-class capabilities of our intake and routing engine,?Magic Submission today! https://lnkd.in/gc8z5i8Y #magicsubmission #productupdate #insurance #submission?
Magic Submission
intellectai.com
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Great start to #MoneyMarketingInteractive this morning with the fantastic Ruth Handcock discussing how best to build client relationships. At Octopus she finds that it is critical to get the human element in as quickly as possible to build a strong client connection. But how do you make that scalable? Technology is the only way, automate as much as you can in the back office leaving advisers to focus purely on the human element and relationship building part of financial planning. Anyone at #MMI who wants to chat adviser tech and AI let’s grab a coffee!
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Persistence pays but in long term. Seems quite obvious but sometimes in our rush to achieve quick wins we avoid working on things which are harder or take time for adoption. I would like to share about an idea which has been brewing for some time and thanks to contribution of many leaders is in market. Some of the key learnings in this journey have been 1. No substitute of grunt work to understand customer needs, validation and refinement of concept through surveys, interviews and envisioning sessions etc 2. Translating AI advancements and benefits into meaningful workflow actions to demonstrate proof of value 3. Focus on commercialization & scale equally if not more by assessing willingness to pay and access to decision makers https://ow.ly/ixXE50UG1GX Art Tyszka Raja Sengupta Sheetal Kamani Suzanne Konstance Vikram Savkar Sandeep Sacheti Steve Meirink Anne Phan Rajiv Arora Shunhuan Morris Erin Aksoy
Powered by our unique combination of AI and subject matter expertise, Wolters Kluwer’s iLien Borrower Analytics revolutionizes lien due-diligence. Accelerate onboarding due-diligence with expert augmented intelligence that provides critical information about a debtor’s collateral assets and risk factors. See our press release on the announcement of this groundbreaking new offering: https://ow.ly/ixXE50UG1GX #ComplianceSolutions #LienSolutions #UCC #equipmentfinance #duediligence
iLien Borrower Analytics
wolterskluwer.com
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"Initially, we planned to test Indemn’s chatbot for a week, so we could work out any bugs. Our tests went so well that we left it on our site, and we haven’t looked back." – Juan Carlos Diaz-Padron, Chief Underwriting Officer, GIC Underwriters Results like these speak for themselves: ? 46% of broker inquiries handled autonomously in 60 days ? 95% response accuracy ? Underwriters and CSRs now free to focus on growth Ready to implement GenAI in your business? Check out how GIC did it here: https://lnkd.in/egJe9rHX
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?? Ready to make Agentforce work for you? Join us on Dec 17 at 10:00 AM PST for our webinar: Agentforce for Financial Services: How to Get Agentic. No fluff, no jargon, just 45 minutes of actionable insights for banking, credit unions, insurance, and wealth management professionals. Here’s what you’ll learn: ?? How to take the guesswork out of Agentforce adoption. ?? Practical strategies that deliver measurable outcomes. ?? Steps to prepare your team for success in 2025. Agentforce isn’t just a buzzword—it’s here, and it’s time to use it to your advantage. ?? Register now:?https://lnkd.in/gQNND9NK
Register Now: Agentforce for Financial Services
https://zennify.com
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Looking for a way to boost your business productivity in 2025? We’ve got the answer! Efficiency starts with the right tools. Fintelite is an AI-based solution designed to help businesses optimize document handling, streamlining laborious processes into a frictionless workflow. Automate now, save time every day. As Fintelite speeds up your paperwork 10x faster, gain the extra time you need to clear backlogs and focus on what’s most important?? One more feature you willl love: Get things done faster while staying resilient against document fraud with our verification system. Ready to elevate your business? Visit fintelite.ai and talk with our experts today #OCR #dataextraction #documentprocessing #documentverification #businesstrends
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Qualitest helped a #financialservices and reinsurance giant cut costs by 2,000 hours.??? ? How? By using AI tools to devise a comprehensive #qualityengineering strategy to reshape the client’s business assurance practices.??? We helped our client automate 100% of critical scenarios and achieve a 47% regression automation rate in just three months.?? What’s more, the global reinsurance and FS provider achieved an 85% reduction in its defect rejection rate and a 3.6x increase in its defect detection rate.? ? We've linked the full case study in the comments. Tap the link to read the full story. ????? ? #ManagedTestingServices #DigitalTransformation #QualityAssurance?
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