DigitalOwl Recognized for Best Underwriting Technology and Best Use of Machine Learning Awards

New York, NY — October 28, 2024 — DigitalOwl, a pioneer in AI-driven solutions for medical record analysis, has proudly been named the winner of the “Best Underwriting Technology” and “Best Use of Machine Learning” awards by the prestigious Global Insurtech Awards.

Insurance professionals have long been challenged by the sheer volume of medical data they must process to accurately underwrite policies, conduct post-issue audits, and review claims. DigitalOwl’s advanced machine learning solutions address this by reducing the manual burden associated with medical record analysis. The platform meticulously identifies inconsistencies and potential misrepresentations, bringing critical insights to professionals in real time. This ensures not only improved accuracy but also significantly accelerates the review process, resulting in substantial time savings.

DigitalOwl’s platform allows underwriters to automate complex decision-making, streamline workflows, and centralize their engagement with medical data. Key features include deduplication of medical records, surfacing of essential details, and suppression of non-critical information, which collectively reduce the time required for reviews, increase underwriting capacity, and provide a standardized, comprehensive view of each individual’s health profile. By improving time to client and decreasing mortality slippage, DigitalOwl’s technology directly impacts both operational efficiency and customer satisfaction.

The Global Insurtech Awards were established to honor innovation and creativity within the insurtech space, celebrating products and services that are fundamentally reshaping the industry and driving it into the future. These awards highlight solutions that advance traditional insurance practices and respond to the evolving needs of a data-driven world.

“At DigitalOwl, we are constantly pushing the boundaries of what AI can accomplish in insurance,” said Yuval Man, CEO of DigitalOwl. “These awards validate our hard work, but we’re far from finished. This month, we launched our latest innovative product, Case Notes, featuring the industry’s first AI agents specifically designed for medical reviews. Case Notes goes beyond simple summarization, surfacing actionable insights to empower underwriters even further.”

With these recent achievements, DigitalOwl continues to set the standard for innovation in insurtech, committed to transforming how insurance professionals navigate and utilize complex medical data.

About DigitalOwl

DigitalOwl is the leading InsurTech platform empowering insurance and legal professionals to transform complex medical data into actionable insights. With DigitalOwl’s platform, insurance and legal professionals can more efficiently assess risk and legal experts can build stronger cases with greater confidence. For more information about DigitalOwl, visit www.digitalowl.com and follow DigitalOwl on LinkedIn.

Contact:
Alex Kane
press@digitalowl.com