Related Products
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About
Facio provides AI-native software infrastructure for specialty insurance organizations, including MGAs. Our platform, FacioMGA, supports the policy lifecycle: submission intake, risk classification, underwriting, quoting, binding, policy issuance, endorsements, billing, commissions, compliance, reporting, renewals and integrations. Customers configure products, rating rules, eligibility criteria, workflows, documents and permissions without rebuilding technology for each program. Facio offers standalone solutions for surplus-lines tax and fee calculation, SIC/NAICS classification, sanctions screening, actuarial operations and automated carrier-declination workflows. Our Org2vec technology creates an evidence-backed memory by connecting policies, contracts, financial records, assets, suppliers, cybersecurity systems and operational data, while Facio Eigen provides a zero-trust control layer that applies permissions, rules, approvals and audit trails to AI-assisted decisions and actions.
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About
Ensure faster, more accurate mortgage and loan document processing automation with Parascript software; automate insurance document-based tasks for the intake and review of healthcare insurance data. Optimize health plan process efficiencies, increase data accuracy and reduce costs through document processing automation.
Parascript software, driven by data science and powered by machine learning, configures and optimizes itself to automate simple and complex document-oriented tasks such as document classification, document separation, and data entry for payments, lending, and AP/AR processes.
Every year, over 100 billion documents involved in banking, government, and insurance are processed by Parascript software.
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Platforms Supported
Windows
Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Audience
Facio benefits MGAs, insurers, brokers, reinsurers, government agencies and other regulated organizations seeking to replace fragmented legacy systems and manual processes with configurable, auditable and securely governed AI-powered infrastructure.
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Audience
Financial institutions, mortgage and loan providers, insurance providers, service providers, BPOs, VARs and OEMs
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Support
Phone Support
Supported
24/7 Live Support
Not Supported
Online
Supported
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Support
Phone Support
Supported
24/7 Live Support
Not Supported
Online
Not Supported
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API
Offers API
Not Supported
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API
Offers API
Supported
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Screenshots and VideosNo images available
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Screenshots and Videos |
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Pricing
$65/mo./user + cloud
Free Version
Not Supported
Free Trial
Supported
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PricingAvailable Upon Request
Free Version
Not Supported
Free Trial
Not Supported
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Reviews/
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Reviews/
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Training
Documentation
Not Supported
Webinars
Not Supported
Live Online
Supported
In Person
Not Supported
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Training
Documentation
Supported
Webinars
Supported
Live Online
Supported
In Person
Supported
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Company InformationFacio
Founded: 1600
United States
www.facio.io
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Company InformationParascript
Founded: 1996
United States
www.parascript.com
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Categories |
Categories |
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Claims Processing Features
Adjustor Management
Not Supported
Case Management
Not Supported
Claim Resolution Tracking
Not Supported
Co-Pay & Deductible Tracking
Not Supported
Compliance Management
Not Supported
Customer Management
Not Supported
Electronic Claims
Not Supported
Forms Management
Supported
Paper-Based Claims
Not Supported
Payor Management
Not Supported
Policy Administration
Not Supported
Data Entry Features
Abbreviation Detection
Supported
Data Capture and Transfer
Supported
Data Cleansing
Supported
Data Entry Verification
Supported
Data Search Flexibility
Not Supported
Duplicate Detection
Not Supported
Flexible Search
Not Supported
Image Entry
Not Supported
Library Conversion
Not Supported
Mis-Keyed Variation Detection
Not Supported
Phonetic Variation Detection
Not Supported
Data Extraction Features
Disparate Data Collection
Not Supported
Document Extraction
Supported
Email Address Extraction
Not Supported
Image Extraction
Supported
IP Address Extraction
Not Supported
Phone Number Extraction
Not Supported
Pricing Extraction
Not Supported
Web Data Extraction
Not Supported
Robotic Process Automation (RPA) Features
Analytics
Not Supported
Attended Automation
Supported
Code-free Development
Not Supported
Image Recognition
Supported
Optical Character Recognition
Supported
Process Builder
Not Supported
Third Party Application Integration
Not Supported
Unattended Automation
Supported
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Integrations
ARGO
Not Supported
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