Professional services and technology business Davies has announced that its AI-powered claim intake agent ClaimPilot can now handle corporate risk claims. The agent gathers and processes information from multiple sources before assigning it to a claim handler.

Davies says ClaimPilot reduces the time to complete the information intake process by 80%, and that it can extract and gather data from multiple platforms and in any format, including handwritten documents.

Dan Saulter, group CEO of Davies, said: “We’ve already seen how game-changing this technology is for progressing claims for both clients and policyholders, with speed and accuracy of processing being key metrics for our corporate risks clients.

“The technology allows us to scale as our client volumes grow and new corporate risks use cases are introduced and we already have investment plans to extend the capability across additional lines and workflows so more customers can benefit.”