NLP and Text Analytics for Insurance Contracts Analysis

NLP and Text Analytics for Insurance Contracts Analysis

Solution

NLP and Text Analytics for Insurance Contracts Analysis

The Institute for Insurance Supervision (IVASS) is experimenting with a tool that aims to assess the complexity and readability of insurance contracts. This tool will be used by supervisors to analyse insurers’ compliance with guidelines on the structure and language of insurance contracts/policies.

  • Use cases, geography and tags
  • Organizations that created, adopted or are mentioned
  • Ecosystem position
  • Link to the original asset
  • Comments and reactions