Roots Automation Brings AI Into The Realm of Insurance with InsurGPT

Toronto, ON, June 1, 2023 — Roots Automation has recently launched a new product called InsurGPT, an advanced Generative AI model specifically designed for the insurance industry. This new product expands the natural language capabilities of Roots Automation’s Digital Coworkers, allowing them to accurately extract data from both structured and unstructured insurance documents.

InsurGPT is a result of Roots Automation’s deep understanding of the insurance industry. The company has utilized a vast corpus of insurance-specific data and documents, as well as its knowledge of insurance systems and processes, to create a tool that improves the accuracy, speed, and validity of data extraction and inferencing. InsurGPT can significantly reduce false-positives, making it a valuable asset for insurance operators.

One of the main benefits of InsurGPT is its ability to scale the First Notice of Loss (FNOL) process. A national Third-Party Claims Administrator (TPA) has already successfully implemented InsurGPT, which allowed them to work with non-standard instructions and documents within the FNOL process. As a result, the TPA was able to increase accuracy without changing the underlying process.

Roots Automation’s Digital Coworkers, powered by InsurGPT, are intelligent and efficient, providing organizations with AI-powered, digitized employees that can think, read, and intuit like humans. These Digital Coworkers are pre-trained to understand and interact with insurance documents, systems, and processes, making them a valuable asset for insurance operators looking to streamline their processes, reduce errors, and increase efficiency.

InsurGPT is a revolutionary tool that brings AI into the realm of insurance, providing insurance operators with a powerful tool to improve their processes and increase productivity. With its deep understanding of the insurance industry and its advanced capabilities, InsurGPT is sure to be a game-changer in the world of insurance.

About APOLLO

APOLLO (legal name “Apollo Insurance Solutions Ltd.”) is making insurance effortless for individuals and small businesses. As Canada’s leading online insurance provider, APOLLO delivers a people-first buying experience through time-saving technology and a deep understanding of the communities we serve. Find out more at apollocover.com.