Document type
Intelligent Underwriting Documents Processing
Process insurance underwriting documents with high precision, extracting risk factors, applicant information, and supporting data for informed policy decisions.
99.5%Accuracy
90%Time Saved
24/7Processing
Processing Steps
How to Process underwriting-documents
Follow these simple steps to extract data from your underwriting-documents
1
Document Collection
Upload all underwriting documents and supporting materials
2
Risk Assessment
AI analyzes documents to identify and categorize risk factors
3
Data Extraction
Extract all relevant applicant and asset information
4
Underwriting Support
Generate a comprehensive summary for underwriter review
Extracted Data
Underwriting Documents Fields
ParseIQ automatically extracts and validates these fields from your documents
| Field Name | Type | Required | Description | Example |
|---|---|---|---|---|
| applicationId | string | Yes | Unique identifier for the insurance application | N/A |
| applicantName | string | Yes | Name of the applicant | N/A |
| applicantType | string | Yes | Type of applicant (individual, business, etc.) | N/A |
| applicantDetails | object | Yes | Detailed information about the applicant | N/A |
| policyType | string | Yes | Type of insurance policy being applied for | N/A |
| coverageRequested | object | Yes | Details of requested coverage amounts and options | N/A |
| effectiveDate | date | Yes | Requested policy effective date | N/A |
| insurableAssets | array | No | Assets to be insured (property, vehicles, etc.) | N/A |
| propertyDetails | object | No | Detailed information about insured property | N/A |
| vehicleDetails | array | No | Information about vehicles to be insured | N/A |