AI case study

Clyde & CoClaims processing

Manual review bottlenecked insurance claims. Now, AI extracts text and ticked checkboxes, freeing a two-person team to evaluate validity.

Published|6 months ago

Key results

Fields Identified
19/20
Required Team Size
2 people

Result highlights

Unlock 2 result highlights

The story

Context

A global law firm with over 5,000 employees handles complex insurance claims on behalf of clients, requiring detailed review of diverse claim forms.

Challenge

Assessing the validity and value of insurance claims required extensive manual document review, including the visually difficult task of identifying...

Solution
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Scope & timeline

  • 24-hour platform deployment time
  • 2-week delivery time for custom checkbox recognition feature

Quotes

The company

Clyde & Co logo

Clyde & Co

clydeco.com

Global law firm specializing in insurance, transport, energy, and infrastructure.

IndustryInsurance
LocationLondon, United Kingdom
Employees5K-10K
Founded1933

The vendor

Luminance logo

Luminance

luminance.com

AI platform for legal contract intelligence and document analysis.

IndustrySoftware & Platforms
LocationLondon, England, UK
Employees251-1K
Founded2015

Use case

Clyde & Co's Claims processing is part of this use case:

Data Extraction
118 case studies(+41% YoY)
Proven impact?
LowModerateVery Strong
4.3Moderate
7.4Strongwithin Insurance

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