Appulate Inc., a provider of forms conversion technology for the P&C industry, has launched a new product, LossRunner F2X.
Appulate says LossRunner F2X is a solution that converts loss run forms, received via fax or email, into data. “F2X” refers to the product’s ability to read forms and convert them into XML. LossRunner F2X is designed to reduce internal data entry and streamline back-office processing of loss runs.
Appulate created FormsReader A2X, which reads and converts ACORD http://www.acord.org forms to XML. The company says that demand for this product increased during the last 12 months, due to increased applications – a result of a better economy. Appulate now looks to provide additional cost/time savings to its customers in the processing of loss runs.