Quickly and accurately capture data from loss runs
Save time and effort by automatically extracting structured data from loss run documents to make informed decisions about your insurance policies.
Start with 100 documents free per month
Up-to-date & accurate documentation
Fast, technical customer support
Extract the data you need from your loss run documents with Sensible
Loss runs are documents that provide detailed information about an insurance policyholder's claims history, typically used by insurance companies to assess the risk of providing coverage to a policyholder and to determine the premiums that should be charged. Extracting data from loss run documents is often a tedious and time-consuming process, especially if done manually.
Automating the extraction of this data can save time and effort, and help ensure that the information is accurate and up-to-date. It also makes it easier to analyze and use the data to make informed decisions about coverage and premiums. Automating the extraction of loss run data improves the efficiency and effectiveness of insurance companies.
Extract the data you need from your loss run documents with Sensible
What data can Sensible extract from loss runs?
Some of the key data that Sensible can extract from your loss runs include:
Policy Details
- Policy number
- Effective Date
- Expiration Date
- Insured name
- + more
Claim Information
- Claim number
- Date of loss
- Type of loss
- Amount paid
- + more
Settlement Information
- Date of settlement
- Amount paid
- + more
The document orchestration platform
Sensible is the developer-first platform that makes accessing the data in documents as easy as calling an API. Avoid the complexities and headaches of PDF parsing with Sensible’s document query language, SenseML. Then ingest the extracted data into your workflow or system of record.
"We've been able to scale to 2,000 members and ~$2MM of tracked premiums in a very short time with one person on operations. We couldn't have done that without Sensible."
Stuart Winchester
CEO, Marble
Developers
Focus on building apps, not document extraction
Sensible gives you customizable control over your extraction process. Use Sensible Instruct to instantly extract data from any document, even ones you’ve never seen before, or SenseML for precise extraction from structured documents. There are no models to train (or retrain) and no onerous data requirements. Onboard using a single sample document and publish to development and production API endpoints with one click.
Operations Managers
Scale your business without the busywork
Sensible tackles repetitive data entry tasks so that your operations team can focus on the problems that drive customer happiness. With Sensible Instruct you can extract data instantly using natural language prompts, or with SenseML you have fine-grained control over your entire document extraction and validation pipeline. Time-consuming BPO relationships can be a thing of the past.
Automate parsing loss runs with Sensible
Stop relying on manual data entry. With Sensible, you can claim back valuable time. Your ops team will thank you and you can deliver a superior user experience. It’s a win-win.
Start with 100 documents free per month
Up-to-date & accurate documentation
Fast, technical customer support
We’d be happy to answer any additional questions. Please book a demo with our team to get more information.