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Foresters Financial Leans into AI-Powered Automation for Increased Efficiency

October 5 2023

For the past 150 years, Foresters Financial has provided life insurance solutions that help families achieve long-term financial health and security.

The Problem

Foresters Financial was using too many valuable resources on time-consuming, low value input work like data entry of demographics (name, address, DOB, etc).

The Solution

To maximize their resources, Foresters Financial adopted Hyperscience to automate document indexing to generate workflow tasks, as well as data entry of new business applications into their systems. And with Hyperscience’s intuitive user interface, they improved the speed to completion.

The Results

By using an AI-led automation approach, Foresters Financial managed to alleviate non-value added work functions and redeploy the people who handled them to more client-focused and value-added tasks.

Foresters Financial’s experience with the platform shows great promise. They’ve found the Hyperscience support team very knowledgeable, helpful and eager to assist. And while still early in their journey, the benefits seen so far have Foresters Financial eager to expand their investment in Hyperscience.

Watch this demo to see how the Hyperscience Platform automates the account opening process.

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