Vertafore Launches AI-Powered Document Intelligence Agent to Streamline Insurance Workflows
Vertafore has launched its Velocity™ Document Intelligence Agent, an artificial intelligence tool designed to automate the research process for insurance professionals. The agent helps users quickly find and synthesize information from various document types such as Word documents, PDFs, spreadsheets, images, and emails using natural language queries. This reduces time spent on manual searches by up to 90%, according to early testing results. The tool is integrated into Vertafore's ImageRight® platform and supports a range of insurance tasks including policy renewals, risk assessments, underwriting decisions, claims resolution, and audit preparation. By leveraging AI for context-based information retrieval rather than keyword searches, the agent improves efficiency by identifying relevant content even in mislabeled documents. Vertafore aims to enhance Distribution Velocity through this innovation, enabling agencies, managing general agents (MGAs), and carriers to operate more efficiently while focusing on higher-value tasks. The launch aligns with Vertafore's broader vision of integrating AI into daily insurance workflows.
