DGTAL unveils new AI tool, Grabber, ahead of Baden-Baden

DGTAL, a Germany-based software company which uses artificial intelligence (AI) to give insurers better insight into their claims data, has announced its latest product ahead of the Baden-Baden Reinsurance Meeting.

The tool, called Grabber, complements its earlier product Driller, which helps companies make sense of masses of unstructured data.

“If Driller is like a satellite that gives you a great overview of a mass of claims files, Grabber is like a drone that is able to pick specific information in claims documents,” says DGTAL chief executive officer Arndt Gossmann. “It grabs the relevant information.”

Grabber is an “intelligent processing tool” that extracts information from semi-structured documents such as bank statements, invoices, quotes or other forms.