How a Leading Insurance Distribution Platform Automated Contract Intelligence Across 18 Contract Types with Xignifi
Client Industry
A leading U.S. insurance distribution platform managing thousands of contracts across carrier, agency, vendor, and business operations. The organization maintained a large repository of contract documents within Microsoft SharePoint and required a scalable way to transform unstructured agreements into structured, actionable business intelligence.
Industry
Insurance | Contract Management | Decision Intelligence
Solution Area
Xignifi Decision Intelligence Platform | Agentic AI | Document Intelligence | Operational Intelligence | Cognitive Intelligence
Challenge
Contracts contain critical business information, yet much of that intelligence remained trapped within thousands of Word and PDF documents stored across the organization's Microsoft SharePoint environment.
Retrieving specific contract terms, obligations, renewal dates, pricing clauses, and compliance information required employees to manually search, review, and extract information from documents. As contract volumes grew, the process became increasingly time-consuming, inconsistent, and difficult to scale.
Measurable impact across the workforce.
80%
Reduction in manual contract review effort
5x
Faster contract information retrieval and processing
18
Automated classification across 18 contract categories
95%
Extraction accuracy across supported contract types
The automated extraction workflow has significantly reduced manual effort by intelligently processing contract documents based on their categories and types. It has improved the accuracy of information and enabled our teams to work more productively and efficiently.
Contract Operations Leader