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Indico Data, a Guidewire PartnerConnect Technology partner, has released its new Ready for Guidewire validated accelerator, now available for users of ClaimCenter on Guidewire Cloud through the Guidewire Marketplace.
This accelerator is designed to automate data extraction from claims-related documents, enabling the creation of a first notice of loss and the direct input of relevant information into ClaimCenter.
The tool aims to streamline claims intake processes by reducing manual data entry and supporting claim file initiation and updates within the system.
It is designed for Guidewire customers in the mid-market and enterprise property and casualty (P&C) sectors.
It is said to help claims teams streamline processing, reduce errors and improve decision-making by delivering structured data points in the workflow.
The Indico Data ClaimCenter Accelerator streamlines claim intake by automating data extraction and entry processes.
It delivers early actionable insights, enabling faster responses, increased policyholder trust and more informed payout decisions to improve loss ratios, the company said in a statement.
Indico Data CEO Tom Wilde said: “Efficient, accurate claims processing is a big driver of customer satisfaction and policy renewals, and insurers can no longer afford the inefficiencies of manual claims intake. With the launch of our Guidewire ClaimCenter accelerator, we are building on the success of our PolicyCenter integration to deliver even greater value across the policy and claims life cycle. “
Indico Data’s new solution processes diverse claim documents, supporting all data types and languages.
Guidewire Marketplace & Technology Alliances vice-president Will Murphy stated: “Indico provides invaluable technology to help insurers expedite claims cycle times. With Marketplace solutions like Indico’s ClaimCenter accelerator, Guidewire customers are able to take advantage of best in class solutions that extend their existing investment in Guidewire’s industry leading platform capabilities.”
In January, Indico Data introduced its "enhanced out-of-the-box AI capabilities", specifically designed for the insurance sector.
"Indico Data rolls out accelerator for ClaimCenter on Guidewire cloud " was originally created and published by Life Insurance International, a GlobalData owned brand.
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