Is IDP used in insurance?

There isn’t any question that the insurance sector has a reputation for massive amounts of paperwork. Every insurance agent is tasked with verifying claims against policy documents. In addition, there are auto accident claims, annuity account forms, disability forms, beneficiary forms, and more. Regardless of the insurance type, there are forms to fill and process.

However, IDP can extract data from claims forms to ensure quicker and more accurate processing. IDP can also read and process insurance estimates and invoices.