IBM Content 2017
Don’t miss out on the biggest ECM event of the year, IBM Content 2017 Roadshow. Pyramid Solutions is presenting two workshops focused on utilizing Cognitive Capture and Case/Content technology showcasing solutions, strategies and a roadmap for digital transformation and cognitive business.
4.0 was great, but it’s time to say hello to 4.1.
We are very proud to show off our newest feature in 4.1 – Worksheets. PX Worksheets are more than just a checklist, they are the way to keep your employees on track, create actions, track decisions and more.
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Talk to any life insurance company and they will tell you that attending physician statements (APS) (also referred to as digital or electronic medical records) are the biggest delay in underwriting new applications. Ordering an APS is expensive ($50-$150 each), takes time to retrieve (10-30+ days) and is necessary for 20-30% of all life insurance applications (and if it is reinsurance, they require an APS for each application).read more
A 2014 Oxford University study concluded that jobs in the “service” and “sales and related” categories have high probability (greater than .7) of computerization (computerization is job automation by means of computer-controlled equipment). According to a McKinsey Global Institute report, the underwriting profession is vulnerable to having at least 35% of its tasks automated. Now, before you dust off your resume, let’s think about this a little further.read more
Recent advances in cognitive technology make life insurance underwriters more effective at assessing policy applications. This technology allows life carriers to extract key data from documents, process it into relevant information, and present it back to Underwriters – all within the context of their normal application review process. Anecdotal evidence indicates that this can increase the productivity of underwriters by 30% when assessing complicated applications.read more