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July 7, 2022
Implementation of RPA in Loss Run Data Extraction

Insurance organizations across the globe are overburdened with manual tasks like acquiring of loss run reports in order to cater to requisitions for new insurance applications or policy renewals. Time plays a vital part in the entire extraction process. Most insurers find the standard process of obtaining loss run data to be downright painful. The process is far too time-consuming, complicated, labor-intensive, and error-prone.

However, the most optimal way to acquire loss run data seamlessly is to opt for an automated loss run data extraction process by an experienced outsourcing partner like Primis BPO. We enable insurers to boost productivity and efficiency by implementing RPA in the loss run data extraction process. Our RPA services help automate repetitive insurance tasks, thereby reducing operational costs and enhancing the overall consumer experience. To explore further, please visit Automation.

At Primis BPO, we process a considerable number of Loss Run files in different formats, from many Carriers. The bots then automatically process these files, and data is extracted in the desired form swiftly without any human-induced errors.

Successful Extraction of Loss Run Data using RPA

An organization had outsourced 10,000 loss run reports to Primis, which was to be extracted over 500 templates. The process involves recognization and extraction of data from these documents manually and inserting it into standardized templates. Manual extraction would have taken a huge amount of time and expense. But with Primis BPO, the entire project was seamlessly completed using automation in one-fourth of the total time. Henceforth, we were successful in extending substantial time and cost savings to our customer with a defect-free output, thereby enhancing the client experience.

Hire Us for Processing Your Loss Runs!

At Primis BPO, we believe in timeliness and have embraced this principle for our insurance loss run processing service. Our measures have been tested and proven to work impeccably with any insurance carrier to process loss run reports promptly and effortlessly. To learn more about our automation process, contact us today at Automation

Primis BPO - Your primary partner for loss run processing!