Your Repetitive Applied Epic
- POLICY RENEWAL
- COMMISSION RECONCILIATION
- Notice of Cancellation
- CSR24 Account Setup
- Document Retrieval
- Policy Data Matching
- POLICY RENEWAL
Process Just Got Easier
Automating time-consuming, mundane tasks for Insurance Brokers and Agencies
Trusted By
Trusted By
The Synonym of Efficiency
Error free
Humans make mistakes. But the bots don’t. With the help of technologies like OCR, data capture and validation errors are vastly reduced.
Scalability
The bots can arguably handle any process volume with ease. Either it’s a few hundred or a couple thousand to process, the bots work at the same speed and accuracy.
Availability
The bots can work 24/7 and multiple times faster than your human employee. More speed and availability mean less hiring and even less operating cost.
More Than Just an Invisible Worker
2X
Faster process
90%
Reduction in manual work
90%
Accuracy
100+
Hours saved every week
80%
Reduction in operating cost
100%
ROI within the first 3 months
More Than Just an Invisible Worker
2X
Faster process
90%
Reduction in manual work
90%
Accuracy
100+
Hours saved every week
80%
Reduction in operating cost
100%
ROI within the first 3 months
The Bots at Our Disposal
Commission Statement Reconciliation Bot
Why Bots?
These mundane processes of Insurance Brokers and Agencies like yours are not just time-consuming. They are time bound and impact directly on your revenue. A lot of things at stake. Your repetitive process in Applied Epic can be completely automated in as little as 14 days. Whereas your new hires could take a full 12 weeks (about 3 months) to reach the expected productivity. Even then, they are
Bogged by Volume
Error-prone
Slower Than a Bot
RPA Myths Debunked
RPA is Costly
As with any other tech implementation, RPA needs investments. But not as big as anyone would think. But the benefits RPA brings to the table definitely outweigh the cost. Let's not forget about the exceptional ROI.
Bots Replace Human Employees
The bots are not here to replace humans but to make their jobs easier and free them from repetitive and mundane tasks. Imagine how much more you can accomplish if you don’t have any repetitive tasks to finish every day.
RPA is End-to-End Automation
RPA can automate processes of any length, bigger or smaller – entire process or part of it. You can have bots to automate a part of a bigger workflow that’s repetitive and error-prone and let your employees do the rest.
Wallace Specialty
100 Hrs
repurposed per week
Process policy renewals
Our Clients Love Us
Texas-based Independent Insurance Agency
100 Hrs
repurposed per week
Process Automated: Policy Renewals
Pennsylvania-based Independent Insurance Agency
10X
Faster processing
Process Automated: Commission Statement Reconciliation
Carriers We Support
Why Eleviant
Cost Comparison
Know Your ROI
| Human Worker | Bot Worker | |
|---|---|---|
| Data Entry / Manual Data Processing Transactions Per Day | 150 | 150 |
| Time Spent Per Transaction (in Minutes) | 2 | 1 |
| Effort Spent Per Month (Hours) | 80 | 40 |
| Effort Spent Per Year (Hours) | 960 | 480 |
| Base Salary Per Hour ($) | $20.00 | |
| Cost For Data Entry / Data Processing Per Year | $19,200.00 | $10,000.00* |
| Over Head / Management / Training Cost (20%) | $4,800.00 | 0 |
| Total Cost | $24,000.00 | $10,000.00 |
* Average cost of bot for 1 year
