PriyaPatel
TLDR:
- Simplifai partners with Stillwater Insurance to automate claims process
- Collaboration aims to enhance customer service, operational efficiency
Simplifai has entered the U.S. market through a partnership with Stillwater Insurance to automate the claims process. This collaboration marks a significant milestone for Simplifai as it aims to enhance customer service and operational efficiency. By using Simplifai’s Claims Intake Solution, Stillwater will be able to streamline the handling of claims-related emails and attachments, reducing manual data extraction and processing. This will allow employees to focus on more critical tasks. Simplifai’s solutions are designed to integrate seamlessly into existing systems, providing end-to-end automation that can be customized for different industries. The partnership is expected to reduce Stillwater’s claims response time, leading to cost savings and long-term business growth. Stillwater’s CISO, John Dole, expressed excitement about using AI to create a more efficient process, while Stillwater’s President and CEO, Mark Davey, emphasized the importance of responding to claims quickly and accurately. CEO of Simplifai, Bård Myrstad, highlighted the significance of introducing AI automation solutions to the largest financial market and the competitive advantage it can bring. As the partnership progresses, further opportunities for expanding AI automation capabilities may be explored, potentially revolutionizing other aspects of Stillwater’s operations.
Source: FinTech Global
