MagicParser
Customized Data Extraction Solution
This is an automated data extraction solution that extracts and provides customized data from insuarance companies' core and supporting document data.
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Data
Auto Extraction -
Product/Table Data
Extraction -
Customized Data Provision
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Claim
Assessment -
Product Information
PF -
IFRS 17 Assumption Management
Customized Data Automation
The solution automatically extracts only the necessary data from core and supporting documents.
The extracted data can be user-customized, downloaded as files,
and provided as a database to relevant systems.
It can be widely applied to extensive data management of insurance companies and various document management tasks for each department.
Key Features
Using natural laguage processing, parsing, and compliation technologies,
the system classifies, extracts, and analyzes text, numerical data and formulas
from various document files(XLS, DOC, HWP, PDF), and provides them as data.
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Customized Data Management
- Customized management from data extrction to screen output and data provision
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Product Data Extraction
- Selecting and extracting data from specific products or all products as needed
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Table Data Extraction
- Selecting and extracting data from specific tables or all tables as needed
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Extracted Data Provision
- Generating/downloading Excel files of extracted data and linking data to relevant systems.
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Benefits
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Extraction
AutomationAutomating the extraction
and input of policy terms
and conditions
and other information data -
Wide
ApplicabilityExtensive use in tasks
such as insurance benefit
calculation, claim assessment,
and IFRS 17 compliance -
Operational
EfficiencyEnhancing productivity
through rapid and
accurate data processing -
Consistency
AssuranceEnsuring data information
consistency and
preventing human errors
Functions
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01
Data Extraction
Coverage-specific extraction from target documents
Batch extraction of all products
Specific Table Extraction
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02
Data Output
Output based on document format
Output based on system format
Output codes based on mapping data
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03
Data Provision
Providing Excel files
Providing database to relevant systems
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04
Product Data Extraction
Specific product data extraction
All product data extraction
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05
Table Data Extraction
Specific table data extraction
All table data extraction
