“We can now immediately react to queries, and processing times have been reduced to an absolute minimum.”

Jacob Bielfeldt, Specialist, Techniker Krankenkasse


 
Mailroom Automation on Autopilot - Envelope
  
Life Cycle - We Support You Every Step of the Way
 

Increase your service level.
Reduce your costs.

Daily manually handling and processing thousands of various types of documents – mail, email and fax – takes a significant amount of effort, time and money. At the same time, customers and agents alike are demanding an ever-increased level of service and shorter response times at ever-reduced costs.

Service level up - costs downThat’s why we developed a dedicated document automation solution for insurance companies. Optimized, fully automatic processes lead to reduced costs and enable shorter reaction times and thus a significantly higher level of service.

  • Automate your processes
  • Increase your level of service
  • Lower your processing costs
  • Capture information anywhere

  
  

Application and forms processing

Optimize the status and quality of your data with the use of prompt, fast processing and automated validation with existing master and transaction data. Gain instant access to information: updated, complete and accessible company-wide.

Processing a heterogeneous in-box (paper, fax, or email)

Automate the entire in-box, regardless of input channel. Classify and distribute any incoming mail, from applications to requests for information or quotes and cancelations, as well as changes to address, marital status, name and bank account –to name just a few.

Claims processing

With automatic comparison between data from insurance policy holders and policy conditions, precise allocation to the right administrator, lengthy, complex workflows are avoided.

Digitization for Sales

Speed up your sales processes and reduce costs at headquarters: Link decentralized sites. Avoid unnecessary delays due to disruptions in communication channels. Involve the agents and have documents for performing risk reviews on quotes, the supplementation of existing digital files, and much more flow directly into the system.

Automatic case identification and allocation

The right case to the right administrator, as well as fully automatic handling of standard business transactions without the need for human intervention. Classify hundreds of document types and automatically capture the relevant data, such as registration, insurance, or case number.

Large-scale document process automation 
for insurance companies

ReadSoft’s flexible and scalable document process automation helps insurers master the challenges of the ever-increasing flood of incoming information, new upcoming communication channels, and rising customer expectations.

Our document process automation solution enables you to

  • Consolidate your systems, information and customer data.
  • Stay flexible and quickly and easily adapt to changing regulations and market demands.
  • Automate business-critical document processes, including straight through processing of standard transactions.
  • Lower administration and processing costs, thanks to automatic document capture, validation, and allocation.
  • Increase your level of service through shorter response times and improved capability to provide information, thus boosting customer and agent satisfaction.

Insurance

Insurance - Input Management

One central input management platform:
Providing a single customer view

The basis of our solution is a central input management platform.  With this all applications, information and customer data is consolidated into one solution. No matter how the documents arrive, all information is available in one central place, company-wide.

This offers a single customer view on all incoming correspondence and enables customer service to provide accurate, real-time information, boosting customer satisfaction.

Insurance - Automatic Classification

Reduced processing costs:
Automatic classification

Structured, semi-structured and unstructured documents are digitized and automatically classified. Thanks to automatic sorting they can then reach the right administrator straight away.

Costs and time spent on manually sorting and capturing documents are completely eliminated. The physical distribution of paper is replaced by digital processes.

Insurance - Straight through processing

Improved productivity:
Straight through processing

Standard business transactions, in particular those driven by typescript forms, can be processed fully automatically – without the need for human intervention – thanks to automatic validation of captured content against existing data and defined business rules.

This reduces processing times of standard transactions to an absolute minimum and increases processing quality and data accuracy.

Insurance - Open architecture

Ultimate flexibility:
Easily adapt to changing market demands

Modular and open architecture makes for quick and seamless implementation of new software and solutions, such as new communication channels incorporation.

Using our intuitive graphical interface you simply set up new processes or amend existing ones via drag-and-drop. There’s no need for programming.

With the ever-increasing flood of incoming information, extensive scalability is an absolute necessity. To date, our solution has never reached its throughput or volume limit.

This is how other companies have used our solutions

 
Insurance - Handling 100,000 documents a day made easy with ReadSoft - Techniker Krankenkasse

Handling 100,000 documents a day made easy with ReadSoft

Insurance providers are classic examples of businesses with high incoming document levels. For German health insurer Techniker Krankenkasse, processing 100,000 documents per day is no longer a hassle thanks to ReadSoft.

Reference case

 
  

Reference cases for all solutions and industries can be found here.

Learn more about insurance

  
Insurance - Service level up, costs down: Top 5 best practices for document process automation in the insurance industry

Service level up, costs down: Top 5 best practices for document process automation in the insurance industry

Insurance companies must rethink how they handle business-critical processes so they can sustain operations or even advance in position in the insurance market. At the same time, they need to find ways to reduce costs. By automating document-driven processes, insurance companies can attain enormous savings within document processing.

White paper Please register to download

  
  
PDF - Whitepaper Icon

Large-scale document process automation for the insurance industry

In today’s insurance market, insurance companies must constantly improve their service levels and quality, while at the same time reducing operational costs, in order to stay viable. Automation of document-driven processes is one route to optimizing processes and attaining enormous savings.

White paper Please register to download


  
PDF Brochure Icon

Best practice solution for insurance industry

ReadSoft’s dedicated document process automation solution for insurance companies enables processes to be optimized for faster performance. Results include lower administration and processing costs and increased service levels.

Brochure


  

Please visit our Resource Library to find out more - here you will find all our brochures, articles, white papers, fact sheets, reports, and other material.