Unlocking the Power of Unstructured Data: Insights from Roots Automation CEO Chaz Perera
1. Why is unstructured data a significant challenge for the insurance industry? The insurance industry relies heavily on information from documents like emails, PDFs, and handwritten forms. Approximately 80% of all data in the insurance industry is unstructured, hidden within everyday correspondence such as submissions, legal demands, and medical records. The inability to efficiently leverage…