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Insurance Liability Coverage - Acord 25
by UiPath
0
Accelerator
<100
Benefits
120
hours
Reduced development time*
90%
Optimized productivity
90%
Enhanced accuracy
Summary
Summary
This accelerator is an out-of-the-box ML model for seamless Acord 25 form processing, retrieval, and validation.
Overview
Overview
The Acord 25, often referred to as the Certificate of Liability Insurance is a recognizable document that serves as evidence that business owners possess general liability insurance coverage. Typically provided by the insurance company upon purchasing a business insurance policy, this form validates the insurance coverage.
This model is trained to adeptly extract up to 77 distinct fields from the Acord 25 document, in addition to various supplementary items. The extracted information includes details about the policy itself, types of insurance coverage, the insurance company that issued the policy, insurance limits, named insured individuals or entities, and more. This model's proficiency in extracting extensive data from Acord 25 forms enhances comprehension of the document's content, facilitating well-informed decisions within the context of liability insurance.
The Document Understanding Solution Accelerators come equipped with Specialized AI models tailored to particular document types. If a business wishes to refine these models to resonate more closely with a particular document variant in their unique operational context, the models can be further trained. With the groundwork firmly in place, the implementation time can be reduced by weeks.
The use of UiPath Document Understanding Models utilizes UiPath AI Units.
Features
Features
Example of fields extracted by this OOB model:
- Producer/ Insured / Certificate Holder: Name and Address;
- Contact Name, Phone, Email;
- Insurer LTR, Type of Insurance, Additional Insured, Policy Number, Policy Effective and Expiring Date, Limits.
Additional Information
Additional Information
Dependencies
• UiPath.DocumentUnderstanding.ML.Activities: [1.17.0] • UiPath.IntelligentOCR.Activities: [6.5.0] • UiPath.Mail.Activities: [1.18.2] • UiPath.Persistence.Activities: [1.4.2] • UiPath.SolutionAccelerators.Reusables.Generic: [1.1.0] • UiPath.UIAutomation.Activities: [22.4.7]
Code Language
Visual Basic
Runtime
Windows (.Net 5.0 or higher)
* Learn more about how the benefits are calculated. Click here.
Technical
Version
1.0.1Updated
March 18, 2024Works with
Studio: 22.4+
Certification
Gold Certified
Tags
Application
Support
Link: https://marketplace.uipath.com/contact-usSupport on Demand is available only to UiPath Enterprise customers. To access this type of support, you need to have an active UiPath license. More details are available here: https://docs.uipath.com/marketplace/automation-cloud/latest/user-guide/support-on-demand. Note: Marketplace Support On Demand is not subject to a response SLA, but one should expect a response within two business days.
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