EvolutionIQ algorithms use the structured data to form a skeleton of a claim – including the basic outline of the incident and a sense of how a claim progressed through a carrier’s process using status updates and other fields. However, the depth of insight on a given claim that structured data offers is limited.
Correcting Structured Data and Developing Accurate Time Series of a Claim
Structured fields are often not updated by adjusters as claims progress, so EvolutionIQ analyzes unstructured data to cross-check and correct the structured data over time, creating the most accurate record of your claims available.
Deep Analysis of Unstructured Elements
Just ask an adjuster. The structured fields in most core systems are broad and don’t allow for the nuances of the claim. EvolutionIQ uses unstructured data to drive analysis on concepts not covered in structured data, like more detailed injury information, context and severity trajectory, as well as claimant sentiment and litigation-disposition.