InsurTech Spotlight: SortSpoke

SortSpoke

Company: SortSpoke

Website: www.sortspoke.com

Business Category: A technology provider of InsurTech tools to insurance practitioners

Maturity Status: Mature (more than 3 years since product went into production)

Product or Service: Cloud-based data extraction tool that uses AI/ML

Area: Both Property & Casualty insurance and Life & Health insurance

Shaped by the real-world needs of carriers, reinsurers, and MGAs, SortSpoke is the most advanced and easy to deploy AI solution for turning any new submissions, claims, and other unstructured documents into structured data. Leveraging an easy-to-use interface, SortSpoke works alongside customer experts, learning and adapting from feedback. SortSpoke enables unprecedented speeds and scale, with unbeatable levels of data accuracy, achieving same-day turnaround on most submissions – allowing teams to focus on things that matter most.

What makes us an InsurTech:

SortSpoke is the most advanced and easy to deploy AI/ML solution used by enterprises to extract any data, of any language, from any unstructured document. Hours of data entry become minutes as uploaded documents are sorted, and important information is identified and extracted. SortSpoke is a force multiplier for highly skilled staff, helping teams tackle new business submissions 5x faster.

Major features & technology used:

Leveraging its own proprietary, rapid machine-learning technology, SortSpoke differentiates itself as the only universal intelligent document processing platform able to handle some of the most complex and varied documents, of unlimited quantity and any language. The human-in-the-loop system ensures 100% data quality and auditability in highly regulated and high-risk use cases.

About SortSpoke

SortSpoke is built for the most mission-critical insurance processes that have to process highly varied documents with guaranteed data quality. Shaped by the real-world needs of carriers, reinsurers, and MGAs, SortSpoke is the most advanced and easy to deploy AI solution for turning any new submissions, claims, and other unstructured documents into structured data. For more information, please visit sortspoke.com.

Source: SortSpoke

→ back to the InsurTech Spotlight index