OIP Robotics and HyperScience announce partnership to bring data extraction to their automation portfolio – Insurance Journal

SCOTTSDALE, AZ, Sept. 28, 2021 OIP Robotics, an Outsource Insurance Professionals entity, announced its partnership with HyperScience, bringing unmatched data extraction capabilities to their automation portfolio.

HyperScience is an industry leader in data extraction software and a technology company blazing a new path in enterprise automation with a fresh approach to building and powering processes. The Hyperscience Platform is the worlds first Software-Defined, Input-to-Outcome Automation platform used by top public companies and government organizations around the world to build and run mission-critical processes with ease and speed.

Hypersciences Intelligent Document Processing solution has been implemented at some of the worlds leading financial services, healthcare, and government organizations, including TD Ameritrade, QBE Insurance Group Ltd and Voya Financial. Lowered costs, reduced error rates by 67% and increased employee capacity by 10x are just a few benefits realized. The partnership with OIP Robotics opens the door to the E&S industry, where this segment of the insurance space has been lacking advanced technology such as this. Hypersciences AVP of Global Alliances, Matt Grantham shared, We are excited to be partnering with OIP. Together, we will very quickly help boost efficiency at insurance firms by radically improving organizational agility and accelerating digital transformation. OIP joins our growing list of partners in the BPO space and we look forward to helping create better outcomes for their customer base and their customers end customer.

Integration into our existing systems will enable our clients to automate the entire Data Extraction Process from the Intake Point to Preparing the Data for processing with over 99% accuracy and up to 95% automation, stated Nemanja Jokic, Director of Business Technology. He continues, Hyperscience together with our technology can do something RPA hasnt easily achieved create systems that can learn from humans and improve on their own; systems that know when to loop in humans and when to leave them out of a process, in a way that doesnt require a heavy touch from outside personnel.

About OIP Robotics:OIP Robotics is a technology company specializing in E&S Insurance. We help our clients drive better business outcomes with technology that produces measurable results and passes the adoption barriers. By specializing in excess and surplus lines insurance, weve developed an expertise and stellar reputation as the go-to team for cutting edge technology specifically designed with our industry in mind.

About HyperScience:The Hyperscience Platform enables organizations and government agencies to automate data-centric, mission-critical processes. Our mission is to connect human and artificial intelligence to solve tomorrows automation challenges today, creating better outcomes for customers, companies, and the world.

Media Contact:Shawnae Bentley, Director of Sales & Client RelationsEmail: shawnaeb@oip.bz | Direct: 602-753-0679

Topics Mergers InsurTech New Markets

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OIP Robotics and HyperScience announce partnership to bring data extraction to their automation portfolio - Insurance Journal