Email to Quote in less than 30 minutes.
P&C | Accident & Health | Mortgage
Trusted by Industry Leaders
Driving Intake Efficiency Across the Enterprise
reduction in process cycle times
increase in process capacity
reduction in processing costs
Problems We Solve
We extract data from unstructured documents
Accelerate your Submission to Quote process with our end-to-end submission intake platform, delivering a remarkable 50% reduction in turnaround time. Embrace a seamless and accelerated workflow, eliminating manual inefficiencies for enhanced productivity.
With Loss Run Insights, you can gain valuable and actionable information in less than 30 minutes. By automating data extraction and normalization, you can quickly access critical details and identify trends, patterns, and potential risks within your loss run data.
By leveraging cutting-edge technology and advanced data analytics, our platform significantly empowers you to streamline your monthly financial reporting process. With enriched insights and intelligent data processing, Benefit Insights minimizes manual efforts by a remarkable 80%.
Accelerate your Submission to Quote process with our end-to-end submission intake platform, delivering a remarkable 50% reduction in turnaround time. Embrace a seamless and accelerated workflow, eliminating manual inefficiencies for enhanced productivity.
With Loss Run Insights, you can gain valuable and actionable information in less than 30 minutes. By automating data extraction and normalization, you can quickly access critical details and identify trends, patterns, and potential risks within your loss run data.
By leveraging cutting-edge technology and advanced data analytics, our platform significantly empowers you to streamline your monthly financial reporting process. With enriched insights and intelligent data processing, Benefit Insights minimizes manual efforts by a remarkable 80%.
Shatter the Boundaries in Insurance!
Step into a new era of insurance excellence with CogniSure AI. Join us in breaking free from limitations and embracing the limitless possibilities that redefine the future of the insurance landscape.
CogniSure AI Platform
CogniSure’s Innovation Labs has evolved a unique hybrid engineering approach for IDEP. It combines non-symbolic AI, such as machine learning and deep learning systems, with symbolic AI, or the embedding of human intelligence. We further offer value addition through data enrichment and transforming the data into meaningful insurance insights.
CogniSure offers multiple ingestion methods such as Webhook, Portal, Cloud Storage, APIs, and SFTP to eliminate any integration or development that may otherwise be required.
We deploy multiple machine learning techniques such as CNN and SSIM for creating a unique persona and identifying the type of document (e.g. loss run, ACORD), carrier name, format, etc. Based on the persona of the document, it is further indexed and routed to the right algorithms for extraction. We also use multiple OCR engines to deliver the best outcomes for scanned images.
The routed documents are contextualized to create a meaningful association of the extracted data. The derived data is then put into validation algorithms and confidence checks, which may include client-specific checks. Any deviation outputs are graded based on business impact and rerouted for exception handling accordingly.
Our IDEP platform uses multiple normalization techniques such as predictive algorithms and lookups on insurance libraries to clean and pre-fill missing data. We further ingest third-party data such as location, risk, weather, etc. to enrich it further. The normalized data sets are available in JSON and Excel format and can be customized to client-specific contexts.
The extracted data is transformed into powerful business insights through an interactive data visualization platform. These insights, developed by CogniSure’s insurance experts, present the right information with the right granularity that enables quick decision-making.
CogniSure offers multiple ingestion methods such as Webhook, Portal, Cloud Storage, APIs, and SFTP to eliminate any integration or development that may otherwise be required.
We deploy multiple machine learning techniques such as CNN and SSIM for creating a unique persona and identifying the type of document (e.g. loss run, ACORD), carrier name, format, etc. Based on the persona of the document, it is further indexed and routed to the right algorithms for extraction. We also use multiple OCR engines to deliver the best outcomes for scanned images.
The routed documents are contextualized to create a meaningful association of the extracted data. The derived data is then put into validation algorithms and confidence checks, which may include client-specific checks. Any deviation outputs are graded based on business impact and rerouted for exception handling accordingly.
Our IDEP platform uses multiple normalization techniques such as predictive algorithms and lookups on insurance libraries to clean and pre-fill missing data. We further ingest third-party data such as location, risk, weather, etc. to enrich it further. The normalized data sets are available in JSON and Excel format and can be customized to client-specific contexts.
The extracted data is transformed into powerful business insights through an interactive data visualization platform. These insights, developed by CogniSure’s insurance experts, present the right information with the right granularity that enables quick decision-making.
Aug 08, 2023
"We are excited to welcome Hylant to our fast-growing family of insurance brokers," remarked Sai Raman, founder and CEO of CogniSure.
Our Partners
Client Testimonials
For self-funded employers, benefit plan claim reporting remains a major pain point. Data evaluation takes hundreds of hours of manual manipulation to harmonize reams of disparate reports. Thankfully, CogniSure AI has revolutionized this archaic process with their new Benefit Insights solution. Their platform systematically merges data from multiple vendors across multiple lines to help clients implement strategies to bend cost curve.
Joe DiBella
EVP, Conner Strong & Buckelew
We are thrilled to see how CogniSure AI can convert hard-to-digest, large commercial submission documents consisting of ACORD Applications, SOV schedules, and Loss Runs received from brokers into structured data that we can consume in our e-commerce platform and rating system, allowing us to save significant costs, efforts, and make better risk decisions.
Sean Murray
Managing Partner, Mutual Underwriters
Historically, collecting and analyzing data has been an important but challenging and time consuming process for our team members; often taking hours to prepare accurate loss run reports. CongniSure’s platform will be an enormous improvement by easily and efficiently converting carrier data into well-organized summaries for clients. We are excited to see the progress of the software Cognisure is developing and can’t wait to see the results of our pilot program
Brett Tiagwad
VP, Conner Strong & Buckelew
Data has long been an important, yet challenging component of the insurance industry. Well organized and accurate data provides huge opportunity to generate insights and improve decision making. Loss run data is critical but has proven to be difficult to harness. We are thrilled that CogniSure is working hard to solve this challenge for the industry.
Seth Hausman
Managing Director, Kraus-Anderson
CogniSure’s ability to quickly map, and normalize loss data from multiple carriers is a game changer. In an industry with very little data standardization, CogniSure provides producers and account teams with the ability to deliver insights into customer loss information that was previously too difficult to make use of in an efficient manner.
Mike McIntire
CTO, Graham Company
As part of our commercial underwriting transformation, we are excited to partner with CogniSure AI after evaluating their loss run insights solution through an extensive pilot. We are thrilled to see how CogniSure AI can convert hard-to-digest large commercial loss runs received from other carriers into underwriting summaries in minutes, allowing us to make better risk decisions.
Murali Natarajan
Sr VP & CIO, West Bend Mutual Insurance
Data is key in effective benefit plan management and having access to data in a more centralized format will help us deliver better results for our customers. Our adopting the Benefit Insights solution will help us take data management to the next level.
Tammy Brown
SVP, Conner Strong & Buckelew
We are excited to partner with CogniSure and their loss run analytical insights solution. The historical loss profiles and trending reports that take our teams hours to prepare, are generated in seconds. We also see it as a valuable sales tool as producers are able to provide real time feedback relating to loss prevention strategies.It’s fantastic to see AI starting to have a tangible and material impact on sales & productivity. We look forward to seeing continued progress as we pilot with CogniSure.
John R. Prichard Jr
EVP, Heffernan Insurance Brokers
It has been energizing to see the progress that Sai and the CogniSure team have made during their journey as a part of our BrokerTech Ventures Accelerator. We could not be more pleased with the traction that CogniSure is seeing with our TV Agencies, Carrier Partners, and the broader insurance industry.
Susan Hatten
COO, BrokerTech Ventures
CogniSure is changing the way insurance agents and brokers look at loss runs. CogniSure platform is one of the easiest and most intuitive products in the insuretech arena that I have come across in quite some time, and it will drive significant efficiencies and meaningful cost savings for our firm. No longer do we need to go through hundreds of claims on a PDF document to develop a loss summary.
Mark Ware
SVP, IMA Financial Group, INC.
Transform Unstructured Documents to Structured Data
The patent pending CogniSure AI Platform is a cloud hosted secure platform built with proprietary algorithms to extract data from unstructured documents into a structured output format.
1770 Park St. Unit 102, Naperville IL 60563.
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