European Accident Statement

Automated handwritten text extraction.

Reduce manual efforts by +50%
Boost your process-automation
Speed up settlement of car claims

The Challenges
    1. High variability: Handwriting is an incredibly diverse form of expression. These documents are often roughly filled out at the scene of the collision, posing a deeper challenge to adjusters poring over the text. Information accuracy can be compromised as a result.
    2. Conflicting perspectives: In the case of a 2-car collision, there can be conflicting views on how the event occurred. This often results in contradictory information on the same document.
    3. Intensely manual: The EAS consists of 100 fields of handwritten data. Digitizing handwriting is expensive and time-consuming – average processing time hovers around 15 minutes per document. Costs rapidly accumulate.

Artificial Intelligence for car insurers.

Annually, millions of car accidents occur in Europe. Car owners will often use the standardized European Accident Statement (EAS) to file claims.

Hundreds of thousands of claims are manually reviewed by individual claims departments each year. This extensive document provides the adjuster with vital circumstantial information.

Applying AI is driving the availability of information. This is vital to improve decision making during the claims process (speed & quality) & vital to expand the data footprint of a digital insurer to be future ready.

Turn car claim processing speed into a competitive advantage.

Uwe Hennig

VP Sales EMEA

Get started today.

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