Insurance document digitization can be achieved quickly and easily with Optical Character Recognition (OCR) software which can recognize, gather, transform and transfer data on paper or online forms to the database correctly. Read more - https://nuvento.com/blog/how-ocr-digitizes-the-insurance-industry/

1. How OCR
Digitizes the
Insurance
Industry?
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2. Optical character recognition (OCR)
Mechanical or electronic conversion of scanned or photographic images
of handwritten, typewritten or printed text into machine-encoded or
computer readable text/images.

3. Why insurance policies
are needed indigital
format
Insurance policies in digital format is a
legal requirement mandated by
Governments across theworld.

4. Digitization of Insurance
Policies have the
following advantages
Limited manual work/paperwork
Transparency and Convenience
Safety and Security

5. benefits of OCR
in Insurance
Industry
OCR helps instrategic
customer acquisition
OCR enhancesCustomer
Service
Quicker Resolutions and
Reduced Process Lags
OCR improves margins and
profitability
OCR provides High
precision predictions
Greater Accuracy with
Automation

6. Thank You