Natural Language Generation in Insurance
In the insurance sector, automated text generation or natural language generation offers great potential for the automated generation of reports and contracts. The use of software offers a great scaling potential for these tasks and enables the maintenance of a consistently high quality.
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Data-based automated analysis allows for individually written reports and certifications. Ranging from communication elements like offers and sales copy to, data storytelling and portfolio summaries.
Processes that are legally regulated and mandatory, like Risk Audits or KYC reports can be automated and increase compliance coverage to 100% without additional effort or manpower.
In the digital age, consumers expect instant information and feedback. For processes like insurances a completely automated processes is the only way to fulfil real-time expectations.
Heavily regulated spaces increase their content control by making sure that all legal requirements are followed every time a piece of content is being updated, without manual review.
Outsourcing your processes is a common practice – keeping the know-how internal by outsourcing to a machine saves on contribution margin.
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Natural Language Generation is a fast-growing sub-field of Artificial Intelligence. No wonder since the need for written and audio content is ever-increasing in many businesses
Medien-Service Untermain GmbH (MSU) is part of a strong, traditional media group with headquarters in Aschaffenburg and has been creating state-of-the-art software solutions for media houses