Foundation AI delivers secure, scalable, intelligent document processing solutions to the legal and insurance industries. The platform connects and unifies all your document input sources and integrates with your downstream systems to optimize and automate document processing workflows.
Foundation AI has fueled and expanded the scope of Automation use cases across the Insurance value chain, providing significant capabilities that enable business transformation and improve insured and employee experience.
Vice President, Automation & Employee Experience
We’ve increased our document processing speed by more than three times since implementing Foundation AI. The platform has allowed us to create a highly efficient centralized mail system where one or two people in one place can accurately handle duties that before required multiple staff across our ten offices.
We receive thousands of pages of mail each day and have always had backlogs getting it scanned into attorneys' files.
Within two weeks of using Foundation AI, we were getting the mail processed within a day, while saving about $8,000 a week in staffing costs.
Intense clerical, specifically document processing demands, of workers’ compensation law was a growth challenge we were working to navigate. Increasing document processing costs were starting to pressure the firm meaningfully. But, with the Foundation AI solution in place, we’ve been able to add four new attorneys without expanding our support staff.
We’ve been able now to maintain a 50% increase in our caseload, with only a single individual handling our documents who is able to process them much faster.
Benjamin P. Feld,
It’s all about efficiency and focusing your people on work that’s important. Get your critical documents, attachments, and correspondence in your systems and to the right staff faster and more efficiently. Reduce the costs of manual labor and free up resources to work on revenue generating tasks.
With Foundation AI, your staff works smarter and faster. And your organization and customers reap the benefits.
Up to 85% no-touch document indexing
Up to 98% categorization accuracy, and 20x reduction in average handling time
Up to 97% accuracy in identifying urgent demand letters
Over 99% accuracy through human-in-the-loop processing
3-5x improvement in overall efficiency per staff member
5x increased speed of initial case assessment
Human-in-the-loop automation with confidence scores to strike your desired balance between precision and efficiency
Go beyond OCR and leverage true AI-models to process the unstructured content other platforms can’t
Realize solution value quickly and with minimal organization effort
Integrate with virtually any existing technology you’re currently using
Soc 2 Type II, ISO 27001, and HIPAA certified and compliant technology
350% increase in document processing efficiency and 81% decrease in non-billable hours for leading insurance defense firm
Over 85% straight through document indexing without human intervention for leading specialty insurer
Greater than 80% increase in staff efficiency and over $400,000 per year in cost savings
95% decrease in hours required to process inbound documents, saving over 120 work hours weekly
Leading workers’ comp and general liability firm transforms their document management processes, driving efficiencies and refocusing staff resources
Inbound documents processed and filed in MerusCase within 86 minutes of arrival
Documents and correspondence reach key personnel over 5X faster through seamless CMS integration
Greater than 85% of inbound claims document indexing and refocusing of staff to customer service initiatives