Heungkuk Life Insurance establishes an automated insurance claim reception system - Hyundai Economic Daily
[Hyundai Economic News, reporter Lim Dae-hyun] Heungkuk Life Insurance announced on the 26th that it had commercialized an AI OCR system to automate the insurance claims submission process. This system utilizes Lomin's Textscope solution, a leading AI OCR technology. AI OCR automates the entire claims submission process using AI. It automatically classifies claims documents received from customers, such as claim forms, diagnostic reports, and prescriptions, and extracts text to automate the data needed for insurance payouts.