Transforming Insurance, One Claim at a Time
Streamline operations. Maximize insights. Improve combined ratios.
Trusted Partners
How is GenAI revolutionizing the insurance industry?
Generative AI and Large Language Models are revolutionizing the insurance industry by granting the ability to read, analyze, and explain text documents—from policy documents to claims files. Novo AI is at the forefront, bringing these capabilities to the insurance sector, streamlining processes like claims processing and customer support that were traditionally handled by humans.
End-to-End Automation for Insurance
Streamline Claims Processing
Our AI efficiently extracts and analyzes data from claim documents, whether that's hospital invoices, police reports, or legal correspondence.
Detect Fraud & Abuse
Screen 100% of documents for potential fraud and abuse, reducing claim leakage and improving loss ratios.
Generate Actionable Insights
Use AI to monitor and analyze price trends, identifying what drives costs in your offerings. Adjust to a dynamic market and optimize pricing strategies.
Improve Customer Satisfaction
Equip your customer support with AI-driven tools to quickly and accurately explain coverage decisions to customers.