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The value Groundspeed delivers goes far beyond pulling raw data from documents. This initial data extraction is fundamental to what we do, and it provides valuable data via auto-extraction to customers. Drawing on our deep industry knowledge and ever-growing experience in the market, we’ve also developed and delivered an increasing number of enhancements that provide our customers with clean, immediately actionable data as well as predictive insights that leverage our massive insurance data set.
Brokers and carriers put a considerable amount of time and effort trying to gather the data, manually extract the data, clean the data, augment the data, and other activities. Powered by one of the largest commercial insurance data sets, Rapid Fusion, and AI models, Groundspeed not only captures raw data quickly and accurately, it enriches the data to provide greater insights and analysis.
Imagine a world where the manual exercise of working with insurance documents is transformed into immediately actionable extracted, and enhanced data, that tell you more about the risk profile of the business. Groundspeed is helping the insurance industry elevate the use of unstructured data with the following types of enhancements:
Simply put, manual extraction methods e.g. BPOs and other technologies don’t offer this level of enrichment. Moreover, the time and cost savings that come with Groundspeed enhanced data are unrivaled.
Groundspeed continues to add enrichments as our insurance data set grows. Additional enrichments are planned, prioritized, and released based upon Groundspeed’s understanding of market needs and customer requests.