The other 90%: Solving P&C insurance's unstructured data problem
Blog post from Box
Guidewire and Box have teamed up to address the challenges faced by property and casualty (P&C) insurers in managing both structured and unstructured data. While Guidewire's platform efficiently handles structured data such as policy, billing, and claims information, Box focuses on managing the unstructured data that often remains unseen by analytics systems. This unstructured data includes documents, images, and correspondence crucial for understanding the context behind insurance metrics. Box provides a cloud-native repository and employs AI for dynamic insight extraction, automating workflows that traditionally required manual intervention. This collaboration enables insurance carriers to streamline processes, enhance decision-making, and accelerate operations by integrating structured financial data with the contextual richness of unstructured content, ultimately bridging the gap between data analysis and actionable insights.
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