Novo AI
Banking and finance
Novo AI combines GenAI with advanced technologies to transform claims processing, fraud & abuse prevention and workflow optimization in the insurance sector. Our platform reads, analyzes and interprets unstructured documents - including policy wordings, claims files, manual annotations, stamps, and other non-digital data - across all Asian languages, including handwritten notes. With rapid implementation timelines, our solution has demonstrated significant success, boosting efficiency by 10x and achieving higher accuracy than human teams. As a result, Novo AI can reduce loss ratios by 5% within just a few months of deployment.
- Other
- AI agents
- Process automation
- +4 more
No customer case published