Lloyds Banking Group plc

06/05/2025 | Press release | Distributed by Public on 06/05/2025 08:32

Scottish Widows turns to AI to speed up insurance claims

Streamlining claims

Using AI and natural language processing (NLP), the pilot will focus on streamlining claims by reducing processing times and simplifying complex medical documentation. It will also assist underwriters by quickly summarising extensive medical files to enable faster decision-making.

The insurance industry is on the brink of a technological transformation, and AI is at the heart of it. By working with Scottish Widows, we have the opportunity to prove that automation isn't just about efficiency - it's about delivering better outcomes for customers.

Roi Amir CEO of Sprout.ai

Better outcomes for customers

The outcomes of the collaboration between Scottish Widows and Sprout.ai are expected to benefit thousands of customers across the UK by using automation to speed up claims, and explore further enhancements to the claims process.

We know making a claim can be stressful, so we're dedicated to processing them quickly and smoothly. By partnering with Sprout.ai, we're using cutting-edge AI and NLP to free up our claims handlers, allowing them to focus on delivering empathetic support to customers.

David Russell Senior Manager, Claims and Underwriting Strategy at Scottish Widows

Download the press release

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