Property Insurance: 16M Data Points in 2 Weeks
From unstructured PDFs to fully analyzable databases
From unstructured PDFs to fully analyzable databases
A leading insurance company faced a monumental task: 103,000 historical insurance forms spanning over two decades needed to be digitized. Each individual form contained 156 complex fields with varying handwriting styles, checkboxes, and signatures. Previous attempts with conventional OCR software failed completely – the technology could neither reliably recognize the handwritten entries nor the checkboxes.
The forms existed as scanned PDFs. Previous attempts with traditional OCR software failed on checkboxes and illegible handwriting. Manual data entry by 3 people over 3 months for 1,000 forms was economically unfeasible.
formalogix developed a tailored hybrid approach:
Automated AI analysis of all 156 fields
Unified data structure for all forms
Checkboxes and handwritten entries recognized
Structured output in desired data format
All 103,000 forms processed in just 2 weeks
16 million individual fields evaluated
In comparison: 3 people would have needed 3 months for 1,000 forms
Fully structured data, immediately analyzable
Massive cost savings compared to manual entry
99.7% accuracy through Human-in-the-Loop
"The combination of AI and human verification enabled us to implement a project that would have been impossible with traditional methods. The data quality exceeds our expectations."
Project Manager Digitalization, Insurance Company
Schedule a free consultation now and learn how formalogix can transform your form processing.
