Property and casualty insurers are frequently tasked with rekeying appraisal data, which can result in typographical errors that could adversely affect your insurance to value ratio. FNC’s PDF Scan and Optical Character Recognition (OCR) technology automates that process, converting the information in appraisal documents to data you can use.
FNC can interface your cost estimator with a real-time data feed to help you avoid mistakes associated with re-keying information.
FNC can extract data from the following sources to support its analytic products: appraisals delivered as AI Ready files (www.aiready.com, FNC can provide a detailed explanation or demonstration of AI Ready and the integration with appraisal forms software vendors), first generation PDFs successfully scanned by FNC's PDF scan service, and other PDF/TIF documents delivered to our OCR facility in Oxford, Mississippi. The CMS web application connects to the OCR facility through private network connections to deliver PDFs and return the extracted appraisal data.