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What is Novo AI?
Novo AI helps insurance companies leverage generative AI to automate claims processing, detect fraud, and achieve 10x results. It streamlines operations, maximizes insights, and improves combined ratios by using Generative AI and Large Language Models to read, analyze, and explain text documents—from policy documents to claims files. Novo AI brings these capabilities to the insurance sector, streamlining processes like claims processing and customer support that were traditionally handled by humans.
How to use Novo AI?
Novo AI can be used by insurance companies to automate claims processing by efficiently extracting and analyzing data from claim documents. It can also screen documents for fraud and abuse, generate actionable insights by monitoring price trends, and improve customer satisfaction by equipping customer support with AI-driven tools.
Novo AI’s Core Features
Automated claims processing Fraud detection Actionable insights generation Improved customer support
Novo AI’s Use Cases
- Streamlining claims processing by extracting and analyzing data from claim documents.
- Detecting fraud and abuse by screening 100
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