Arbor Settles 75k+ Insurance Claims Yearly With 99% Accurate ACORD Form Capture
Learn how this New York-based real estate investment firm processes over 6000 insurance applications monthly for single and multi-family rentals 96% faster.
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Impact Achieved
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“Amongst others, the biggest advantage of partnering with Docsumo is their data capture accuracy. We’re witnessing a 95%+ STP rate, which means we don’t even have to look at risk assessment documents 95 out of 100 times, and the extracted data is directly pushed into the database.”
What You’ll Find in the eBook
2-Fold Challenges
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Manually scan and extract accurate data from 5k-6k semi-structured ACORD 25, ACORD 28, flood certificates, and rent rolls
Capturing data from one application took up to 30 minutes, with a possible error rate of 20%
What They Achieved with Document AI
API-based direct integration that automatically ingests in the form of JPG, PDF, or PNG for data extraction
A rule-based validation engine applies contextual data validation and correction algorithms on extracted data
How Docsumo Works
Uncover how AI-powered OCR engine extracts text at the highest possible accuracy from unstructured insurance certificates (COI)
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