Extract Data From Insurance ACORD Document Forms | Insurance OCR
Automate Document Extraction for Insurance ACORD Forms
The platform purpose-built for AI-powered unstructured data extraction for all kinds of insurance documents
Automate document field extraction. Eliminate manual, error-prone, and non-scalable processes.
Unstract utilizes the latest AI to extract crucial data from complex insurance documents without requiring template creation or training. It assists in capturing any necessary field for your insurance workflows. Eliminate error-prone, manual, and non-scalable processes.
Policy Name
Policy Number
Status of Transaction
Transaction Type
Document Date
Carrier Name
Agency Contact Name
Agency Phone
Agency Email
Agency Customer ID
Transaction Date
Agency
Applicant Type
SIC Number
GL code
NAICS code
Attachments
Applicant Name and Address
Revision Number
Underwriter
Underwriter Office
Prior Carrier Information
FEIN Number
Certificate Number
Supported Insurance Documents for Data Extraction
Unstract is a no-code platform that lets you automate insurance document processing workflows at any scale. Unstract leverages cutting-edge AI to surpass the current capabilities of IDP Intelligent Document Processing.
- ACORD 25 Certificate of Liability Insurance
- ACORD 125 Commercial Insurance Application
- ACORD 126 Commercial General Liability Insurance Section Form
- ACORD 131 Umbrella / Excess Insurance Section Form
- ACORD 140 Property Insurance Section Form
- CMS 1500 Health Insurance Claim Form
- Applications for Individual Life Insurance
- Applications for Disability Insurance Benefits
Why choose unstract for Insurance Automation
Operational efficiency
Reducing the manual activity in claims processing leads to a faster time to insurance resolution.
Increased accuracy
Better accuracy in the data extraction helps avoid claims leakages and better flagging of fraudulent claims.
Customer satisfaction
Reducing human-in-loop touchpoints helps minimise delays and results in faster customer complaint resolution.
Automated Compliance
Unstract helps ensure that the extracted data adheres to established compliance standards and legal requirements.
Increase profitability
Faster turnaround times, reduced manual labour, and improved predictability in scaling help cut costs and improve profits.
Smarter Decisions
Extracting relevant data that is always trustworthy and helps underwriters to make confident decisions.
Frequently Asked Questions
If you have any questions or uncertainties about extracting information from ACORD documents, please don’t hesitate to reach out to us. Our team is available for a no-obligation consultation to address your concerns and provide clarification.
- Why Unstract? Why should I use it instead of the legacy IDP or RPA tools?
- How can I get started with Unstract for insurance document processing automation?
- Is my data secure with Unstract?
Unstract adheres to the strict rules and regulations of various compliance authorities. We are SOC 2, ISO, GDPR, and HIPAA compliant.
Secure and Compliant, Always
Unstract adheres to the strict rules and regulations of various compliance authorities.