Instabase Insurance Suite
Key insurance processes rely on highly variable and unstructured data. The world’s largest insurance carriers and brokers partner with Instabase on their most complex transformation challenges.
Overview
Instabase works in all insurance lines and across the industry with carriers, brokers, and other parties on their specific transformation challenges.
Important P&C insurance processes such as underwriting and claims adjustment are underpinned by unstructured data. Whether it’s a loss run, photo, or free-form report, this data requires time-intensive, manual handling and review. Instabase automates the processing of this data, achieving higher accuracy, faster settlement times, and greater processing capacity.
Life insurance carriers use Instabase to help automate underwriting, process claims and automate administrative changes such as adding a dependent.
Brokers and Agents receive a large amount of information from their customers including exposure documents, quotation documents, loss runs, and schedules of value. These are frequently emailed in and have high variability. Brokers use Instabase to help process this information, make it structured, in order to reduce cycle time and increase capacity.
Important reinsurance processes across P&C, Life, and Specialty such as underwriting and claims adjustment are underpinned by unstructured data. Whether it’s a bordereaux in Excel, an MRC document, or a complex insurance contract, this data requires time-intensive, manual handling and review. Instabase automates the processing of this data, achieving higher accuracy, faster settlement times, and greater processing capacity.
Our Customers
AXA
Insurance
Standard Chartered
Financial Services
Paychex
HR, Benefits, Payroll
Gusto
HR, Benefits, Payroll
NatWest
Financial Services
Sonic Automotive
Travel, Transportation, Logistics
Our Ecosystem
Guidewire
Azure
Amazon Web Services
AXA UK uses Instabase to automatically extract and process relevant data from broker submissions. This improves cycle time, broker experience, and frees up underwriters to do their best work.
- Significantly increased processing capacity for the underwriter
- Reduced cycle and response time to the broker
- Increased accuracy
