Header bg
  • section background

    Roots Automation Brings AI Into The Realm of Insurance with InsurGPT

    Hero bg 2
    insurgpt canada

    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.

    Originally published June 1, 2023, updated August 25, 2023

    Back to APOLLO Magazine
    Share this article

    Get Tenant Insurance in less than a minute

    Get no-nonsense coverage that's the best value for your money. Purchase policies from your computer or phone, receive your documents instantly, and save when you buy online.

    Get a free quote

    4.6 rating

    Google Logo

    Get Tenant Insurance in less than a minute

    Get no-nonsense coverage that's the best value for your money. Purchase policies from your computer or phone, receive your documents instantly, and save when you buy online.

    Relevant articles

    section background
    section background

    Getting insured is as easy as 1 - 2 - 3

    Tell us (very little) about yourself
    1

    Tell us (very little) about yourself

    Just tell us your address, your name, email and phone number. And that's it. We'll give you a price in less than a minute.

    Pay online easily and securely
    2

    Pay online easily and securely

    You can choose to pay monthly or save money by paying for the entire year in one easy payment.

    Get your documents in your inbox - instantly
    3

    Get your documents in your inbox - instantly

    As soon as you complete your purchase, you'll find your proof of insurance and policy documents waiting for you in your inbox.

    Get covered today - it couldn’t be easier

    We’ve provided more than 1,000,000 quotes to Canadians just like you. Give it a try!

    Google Logo

    Reviews

    4.6 rating

    1,556 reviews

    view all

    Across Canada

    Contact Us
    Apollo logo

    © 2024 APOLLO Insurance Solutions Ltd.

    111 Water Street, Unit 210, Vancouver, British Columbia, V6B 1A7

    APOLLO Insurance Agency Ltd. (o/a APOLLO Brokerage in the province of Ontario only) is a licensed retail brokerage, offering our clients with a comprehensive set of insurance solutions to meet their individual needs. APOLLO Insurance Agency Ltd. maintains necessary corporate licensing in provinces across Canada. Availability of products and service depends on licensing and product availability. The information that appears on this page is provided for information purposes only. Advertised products and prices are not guaranteed and vary based on insurance provider and/or insurance company's discretion and product availability.

    Transparency and Disclosure: APOLLO Insurance Agency's role is to provide you with exceptional service and the best insurance products that suit your needs. As a licensed retail brokerage, our compensation is based on a commission basis already built into your insurance premium and varies based on the product purchased through our platform. For a description of how APOLLO Insurance Agency is compensated and how this is calculated, please refer to our Compensation Disclosure document. For consumers in Ontario, please review the RIBO Conduct Fact Sheet and the RIBO Conduct Guidance document.