ACORD Transcriber is an award-winning document digitization tool that automates the extraction and population of data from any insurance document. Transcriber’s latest AI-enabled features include new and enhanced capabilities for intelligent document processing, leveraging advanced Large Language Models (LLMs), comprehensive AI models, and improved data security. These enhancements support the extraction and population of any structured or unstructured insurance document, including the full library of 900+ ACORD Forms, further expanding the scope of digitalization within the insurance industry.
Users can leverage ACORD Transcriber’s AI-driven name entity recognition capability to filter names or other demographic information from a large dataset, while its business rule orchestration module uses LLMs to assign rules to the selected data points. From the impetus to the final product, ACORD Transcriber allows insurance organizations to improve the quality of their data processing, eliminating time wasted on manual rekeying and presenting opportunities for specialized data insights.