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Automate your data extraction, validation and enrichment for commercial insurance submissions using Artificial Intelligence (AI)

Magic Submission is an automated data extraction, validation and enrichment solution purpose-built for the commercial insurance industry using artificial intelligence technology and machine learning models to provide 98% accuracy in data extraction.

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Why Magic Submission?

Extract Data

Extract data with 50% less cost.

The purpose-built Al models read emails, unbundle complex combinations of ACORD forms, spreadsheets from brokers, custom forms (including mutiple file-formats) and other documents (over 500) to convert extracted information into actionable data for underwriters.

Enrich your data

Enrich your data with 8000+ sources and cross-referenced validation.

The solution validates and enriches risk-prone information (data points) pertinent to customers such as Address, COPE, NAICS, ISO, Financial, Hazard, class codes, and more against 8000+ data sources.

Each data point is also cross-referenced with others to reinforce the derived validatation.

Improved Accuracy

Experience 98% improved accuracy

Our artificially intelligent system is powered with a humanized workflow to analyze and qualify exceptions and errors in real-time and while performing this action, learning through reinforcement for continued improvements in accuracy.

Recognized by Novarica as an Intelligent Text Ingestion (ITI) solution for Advanced Underwriting

Novarica

Automate extraction of
500+ document types

8000+ triangulated data sources
providing risk insights

Novarica

98% extaction accuracy with a
machine learning model

Over 50% reduction in
operational overheads

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