Make sure you tick all the boxes before you seal the deal!
COI tracking is one of the most challenging processes to automate due to the sheer complexity and variability of insurance documents. On average, insurance companies process over 1,00,000 insurance documents a year. When it comes to insurance tracking firms, the numbers are even higher - they track over a billion documents every year! (We know it because some of them are our clients).
We know that you know, in 2025 if you still rely on those outdated methods, your business will fall behind. And that’s why you’re here. But before you jump into an automation solution, there are some things you should consider.
Beware of False Automation Promises
Many insurance tracking vendors claim to offer automation, yet their systems still require excessive manual processing. A key pitfall is the lack of industry-specific AI training—which means the system struggles to extract key insurance data fields accurately. Therefore, choosing the right insurance tracking automation solution is important because it’s not just about automation, but automating right.
Download the full insurance tracking vendor checklist and make sure you opt for the right insurance tracking solution that best meets your business’s unique needs.
