PolicyIQ | Extract
AI OCR software for insurance documents
PolicyIQ | Extract reads insurance documents and returns structured, usable data, replacing manual data entry for brokers and insurers handling high policy volumes.
What problem does PolicyIQ | Extract solve?
Insurance documents arrive in inconsistent formats across insurers, and re-typing their contents into a broker's or insurer's own systems is slow and error-prone. PolicyIQ | Extract turns that manual step into an automated one, feeding structured data into downstream systems like PolicyIQ | One through PolicyIQ | Gateway.
What capabilities does PolicyIQ | Extract include?
Seven capabilities cover document extraction from intake through to validated, connected data.
- Insurance Document OCR
- Reads insurance documents and converts them into structured, usable data. Explore Insurance Document OCR
- Policy Data Extraction
- Extracts policy schedule fields directly from insurer documents. Explore Policy Data Extraction
- Motor Policy OCR
- Extracts vehicle, coverage and premium details from motor policy documents. Explore Motor Policy OCR
- Health Policy OCR
- Extracts sum insured, member and coverage details from health policy documents. Explore Health Policy OCR
- Data Validation
- Checks extracted data for consistency before it reaches downstream systems. Explore Data Validation
- OCR API
- Connects document extraction directly into existing broker or insurer systems. Explore OCR API
How does PolicyIQ | Extract fit with the rest of PolicyIQ?
Connects through PolicyIQ | Gateway
Structured document data can flow into PolicyIQ | One or a brokerage's own systems.
Validated before use
Data Validation checks extracted fields for consistency before they reach downstream systems.
Frequently asked questions
Your questions, answered
PolicyIQ | Extract is intelligent document processing for insurance, built around common document types: policy schedules, proposal forms, and motor and health policy documents. TODO(content): confirm the full list of supported insurers/formats once verified.
PolicyIQ | Extract runs AI-powered insurance document data capture through a Data Validation step that checks extracted fields for consistency before they reach downstream systems, rather than passing raw OCR output through unchecked. TODO(content): publish a verified accuracy figure once available.
Yes. The OCR API lets a brokerage or insurer connect document extraction directly into their existing systems instead of using PolicyIQ | Extract only as a standalone tool.
Yes. Motor Policy OCR extracts vehicle, coverage and premium details, and Health Policy OCR extracts sum insured, member and coverage details — each built around that document type specifically, in addition to general Insurance Document OCR.
Yes. Proposal Form OCR reads completed proposal forms into structured fields, alongside Policy Data Extraction for issued policy schedules — covering both ends of the policy lifecycle.
Book a demo of PolicyIQ | Extract
See insurance documents turn into structured, validated data.