| Name: | DOCLENS INC. |
| Jurisdiction: | New York |
| Legal type: | FOREIGN BUSINESS CORPORATION |
| Status: | Active |
| Date of registration: | 31 May 2023 (2 years ago) |
| Entity Number: | 6847665 |
| ZIP code: | 12207 |
| County: | New York |
| Place of Formation: | Delaware |
| Foreign Legal Name: | DOCLENS INC. |
| Activity Description: | DocLens.ai is driving once-in-a-generation transformation of insurance risk management by thoughtful use of AI (ChatGPT, BERT, GPT) technologies and driving down risks and costs. Property & Casualty (P&C) Insurance companies spent over $500 Billion in claims payout in 2022 of which 50% are linked to litigation and liability claims. Ever-increasing third-party risks, increased litigation, social inflation, and legal abuse are causing an increase in litigation and liability claims. Claims that are being litigated rose 47% from 2017 to 2021. Rising cost of liability claims not only impacts the insurance industry bottom-line and credit ratings but also increases the premiums that small businesses and individuals need to pay to buy insurance – a huge economic burden. Insurance companies do not have the time nor the resources to deal with this rising threat and extract information from an increasing volume of documents, many of which are handwritten or have images; identify and evaluate the risk signals and execute timely mitigation actions. The problem is compounded when one thinks of achieving a semblance of consistency across 50 MM+ claims or 20 MM+ contracts annually. Signal Hub from DocLens.AI helps the industry recover $10 Bn + a year with breakthrough technology in Natural Language Processing and Intelligent Document Processing supported by proprietary algorithms and 3rd party data. |
| Address: | 418 BROADWAY STE R, ALBANY, NY, United States, 12207 |
Contact Details
Phone +1 917-476-6662
Website https://doclens.ai
| Name | Role | Address |
|---|---|---|
| REGISTERED AGENTS INC. | DOS Process Agent | 418 BROADWAY STE R, ALBANY, NY, United States, 12207 |
| Filing Number | Date Filed | Type | Effective Date |
|---|---|---|---|
| 230531003892 | 2023-05-31 | APPLICATION OF AUTHORITY | 2023-05-31 |
Date of last update: 24 Feb 2025
Sources: New York Secretary of State
