Scribble Data provides an AI-driven platform that automates and optimizes workflows for Pension Risk Transfer and Group Benefits, enabling insurers to enhance operational efficiency and reduce manual tasks. By integrating seamlessly with existing systems, the platform accelerates data processing and improves accuracy, resulting in a tenfold increase in workflow execution speed.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Insurers in the Pension Risk Transfer (PRT) and Group Benefits sectors face challenges in managing complex workflows, leading to inefficiencies and reliance on manual tasks. Processing large volumes of data from diverse sources, such as RFPs and filings, is time-consuming and prone to errors, hindering operational agility.
Solution
Scribble Data's Hasper platform leverages AI to automate and optimize workflows for PRT and Group Benefits, enabling insurers to enhance operational efficiency and reduce manual effort. The platform integrates with existing systems to streamline data processing, improve accuracy, and accelerate workflow execution. AI assistants automate tasks such as RFP analysis, CRM integration, data preparation, contract generation, and booklet creation.
Target Audience
The primary target audience includes insurance companies specializing in Pension Risk Transfer and Group Benefits.
Features
- AI assistants for streamlining new business acquisition by extracting data from filings and RFPs and answering broker queries.
- Automation of onboarding workflows, including tailored group annuity contract creation and data validation from diverse sources.
- AI-driven support for plan administration, including premium adjustments, check generation, and financial report composition.
- AI assistants for generating personalized Group Benefit Booklets and performing clause-by-clause audits.
- AI tools for streamlining commercial onboarding by identifying discrepancies between contracts and policy booklets.
- AI-assisted adjudication support and automatic reconciliation of payroll discrepancies.
- AI-driven training simulations for new agents and automated form updates to reflect policy changes.
- Comprehensive data orchestration with transparent audit logs and verifiable outputs.