PLYMOUTH, MINNESOTA, July 22, 2019 – Sentence Data Refinery, Inc. (“SD Refinery”), a company that provides proprietary technology to read and interpret sentence data for businesses, is pleased to announce that IMT Insurance (“IMT”), a West Des Moines based personal and commercial auto insurance company, has selected SD Refinery to power the refinement of sentence data for analytics on private passenger auto claims.
“The granularity of SD Refinery’s technology and their ability to work with all of our claim notes were key factors in engaging SD Refinery,” said Brian Neitzel, Vice President – Research and Development for IMT. “By distinguishing, identifying and extracting critical events and activities, SD Refinery technology can quickly and efficiently find information that is meaningful and actionable for potentially both claims and underwriting operations. This is invaluable to our operations. ”
“IMT is a great company and we are excited to work with them on their private passenger auto line of business,” said Rock J. Schindler, President and CEO of SD Refinery. “SD Refinery’s technology creates an unprecedented advantage over the manual processes and ensures the ability to understand key factors driving underwriting and claim costs. This can be completed with unmatched speed and efficiency that the industry has yet to see.”
SD Refinery’s proprietary sentence data processing technology has been specifically designed, developed and refined since 2006. It leverages data science methodology with narrow AI core capabilities that include the ability to extract written data, analyze sentences word by word, transact by applying key data points, and load the data into a data warehouse or analytic dashboard. The platform is highly configurable out of the box.
About Sentence Data Refinery, Inc.
SD Refinery uses proprietary technology to help companies objectively measure events and activities in underwriting, claim, and operational files by reading and interpreting sentence data with amazing speed and accuracy. For more information, visit sdrefinery.com.
About IMT Insurance
IMT Insurance offers personal and commercial insurance products for your auto, home and business through Independent Agency locations throughout a six-state territory – Iowa, Illinois, Minnesota, Nebraska, South Dakota, and Wisconsin. Learn more at imtins.com.
Steven M. Lonergan