Summary:
The webinar focused on showcasing Patra's AI-driven policy-checking solution, highlighting its capabilities and benefits for insurance agencies.
Here are three key takeaways from the session:
- Efficiency and Accuracy: Patra's policy-checking AI solution significantly reduces the time required for policy checks, offering up to 80% faster processing than traditional manual methods. It boasts a high accuracy rate of 99.5%, helping agencies reduce errors and eliminate backlogs, thus minimizing E&O exposures.
- Versatility and Integration: The solution can handle various document types, including quotes, binders, and different policy lines such as workers' compensation, general liability, and commercial property. It supports the upload of scanned PDFs and provides structured data exports for potential integration with agency management systems.
- Trial Offer and Cost-Effectiveness: 60-day or 60-policy free trial to experience the platform's benefits firsthand. Post-trial, the cost is structured at $5 per policy transaction, making it an affordable option for agencies looking to enhance their policy-checking processes without incurring setup or licensing fees.
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