Sending Notice of Cancellation just got easier.
Automating NOC in Applied Epic for Insurance Brokers and Agencies.
How We Do It
The bot logs in to the carrier website, filters the pending policies for cancellation and download attachments and extracts the data using OCR technology. It launches Applied Epic, locates the policies, attaches the downloaded document, and creates an activity in Applied Epic. The RPA bots will send the notification of policy cancellation via email to the policyholder and attach a copy of the email in Epic attachments. Once all the policies are transacted and emails are sent, the bot will finally email the process summary to the stakeholders.
And that’s not it. After completing the NOC process, the bot will periodically login to the carrier websites to check whether the NOC policies have been reinstated after payment. Once the policies are active, the bot will download associated policy reinstatement documents and attach them to Epic.
See The Bot In Action
The Need For Automation
The notice of cancellation and the following policy renewal reinstatement processes are one of the most time-consuming and highly repetitive processes in Applied Epic. For an Insurance Broker and Agency processing 100s of Notices of Cancellation per month, save a minimum of 50+ productive hours which is otherwise spent on repetitive work. That’s around $1500 worth of manual work hours every month. And the constant check for policy reinstatements every day is a never-ending process. Eleviant RPA bots can completely automate these Applied Epic processes at very minimal implementation cost and just the monthly recurring fee. What took hours and hours of manual work every day will now be done in minutes. No more NOC delays, no more overload challenges and no more human errors.
All you will ever need is a digital worker skilled with intelligent automation who can work 24×7.
Numbers That Speak For Themselves
2X
Faster process
50
hours saved every month
100%
Accuracy
100%
Error free
$1500
Worth of productive hours saved per month
Unparalleled scalability
Numbers That Speak For Themselves
2X
Faster process
50
Hours saved per month
100%
Accuracy
100%
Error free
$1500
Worth of productive hours saved
Unparalleled scalability