AI-Powered OCR Enables 95%+ Accuracy and 70% Less Manual Effort in InsurTech
The Challenge
A U.S.-based real-estate insurtech company relied on legacy OCR and manual workflows. Only ~50% of their PDF reports were machine-readable; Excel and scanned images still required re-keying.
Misaligned tables and lost schemas were hurting their analytics, while limited traceability and vendor dependence raised compliance and data-security risks.
What we implemented
- A custom-trained AI OCR with LLMs was delivered in 3–4 months, to support multi-format extraction (PDF, Excel, and scans)
- Domain fine-tuning was applied on Balance Sheet, P&L, and AR/AP with JSON schemas and validation rules aligned to accounting standards
- Statement-specific agents were built with confidence scoring, exception routing, and approvals
- An audit trail linked every extracted value to the source, including selective data extraction & preprocessing
- Full Integration with their reporting/policy systems including end-to-end testing, change management, and light end-user training
Results that matter
- >95% accuracy across formats
- ~70% less manual effort; manual reviews decreased from 33% → <10%
- ~8 seconds/page processing time achieved; report generation became ~2× faster
- Fewer processing exceptions led to faster, more reliable insights for stakeholders
A5E replaced spreadsheet-heavy, PDF-only workflows with a governed, multi-format pipeline—improving speed, accuracy, and compliance while unlocking real-time decision-making.
Want the full story?
Fill the form to read the full case study →
Related Case Studies
How a Leading Media Company Automated Intercompany Reconciliation for 350+ Entities in 18 Months with S4 Group Reporting
One of the leading U.S.-based media measurement firms that specializes in tracking and manual finance work and cold chain risk.
Achieving End-to-end, Real-Time Production Visibility and 20% Lower Inventory Costs with SAP Production Planning for a personal care e-tailer
A leading Indian beauty and personal care e-tailer valued at over $1.3B, offers 60,000+ products from 1,000+ brands to more …
How an FMCG Manufacturer Automated Import Processes and Eliminated Manual Workflows with
A fast-growing personal care manufacturer,
specializing in baby care, feminine hygiene, and
oral care, faced manufacturing inefficiencies due
to manual processes
From 20-Year Legacy Code to Cloud-Native: How One FMCG Giant Transformed 16 COBOL Applications in 12 Months
A leading FMCG company successfully migrated 16 legacy COBOL mainframe applications to modern cloud-native architecture, eliminating costly mainframe dependencies while enabling