document-understanding
2023.10
true
Document Understanding User Guide
Automation CloudAutomation Cloud Public SectorAutomation SuiteStandalone
Last updated Oct 17, 2024

ACORD125 - ML package

Overview

Acord 125 form known as the Commercial Insurance Application is used to record general client information including things like business location and contact details, business description, prior insurance, and loss history.

This Document UnderstandingTM skill can process ACORD125 forms from 2011 to 2016 and extracts information about the applicant, insurance policy, and other parties involved in the process (up to 68 fields plus items).

Particularities

The model automatically detects data such as:

  • Agency Name, Address, Contact, Customer ID,
  • Carrier Name, Policy Number,
  • Applicant Information: Name Insured, Mailing Address, Organization Type, GL, SIC, NAICS, FEIN,
  • Premises Information: Street, City, ZIP, Interest,
  • Prior Carrier Information: Year, Carrier, Policy Number, Premium Amount, Effective and Expiration Date,
Note: For the complete list of extracted fields, check the Out-of-the-box Models Details file.

Samples

You can download the following sample filled-in forms:

You can also preview the samples of a filled-in form:





Related out-of-the-box pre-trained models:

  • Acord 126
  • Acord 131
  • Acord 140
  • Acord 25
  • Overview
  • Particularities
  • Samples
  • Related out-of-the-box pre-trained models:

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