INSURANCE AND FINANCE

MORTGAGE LOANS PROCESSING

BACK FILE CONVERSION

Back File Conversion

Insurance and Financial Services Companies deal with automobile & home owner’s coverage, commercial property & casualty insurance and a variety of life insurance investment products, employee benefits group retirement plans and institutional liability and funding products.

These companies have significant numbers of files that require conversion from paper to an electronic format by scanning and indexing. The number of such files is as high as 250,000 for which a total 6 million pages need to be scanned and indexed. Back file conversion projects involve large quantity of papers and are to be finished in tight time schedules. It also requires shifting of the scanning operation to the client’s site, as these files contain important information and the clients are uncomfortable when the files leave their premises. Key Index fields are decided in consultation with client and captured with 99% accuracy. Images and Index data is exported to client via electronic transfer.