More than one half of the surveyed Russian insurance industry experts in 2021 stated that they had no plans for optical character recognition technology employment in finance and accounting, compared to nearly 40 percent having no such plans for claim settlement. However, the probability of implementing such technologies in the future was high. Only seven percent of the polled audience revealed full-scale usage of OCR for financial operations, while approximately one quarter of insurers used pilot projects of OCR in claim settlement.
Degree of optical character recognition (OCR) employment in Russian insurance industry in 2021, by business segment
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KPMG. (July 29, 2021). Degree of optical character recognition (OCR) employment in Russian insurance industry in 2021, by business segment [Graph]. In Statista. Retrieved June 06, 2023, from https://www.statista.com/statistics/1091421/russia-ocr-usage-in-insurance-market-by-segment/
KPMG. "Degree of optical character recognition (OCR) employment in Russian insurance industry in 2021, by business segment." Chart. July 29, 2021. Statista. Accessed June 06, 2023. https://www.statista.com/statistics/1091421/russia-ocr-usage-in-insurance-market-by-segment/
KPMG. (2021). Degree of optical character recognition (OCR) employment in Russian insurance industry in 2021, by business segment. Statista. Statista Inc.. Accessed: June 06, 2023. https://www.statista.com/statistics/1091421/russia-ocr-usage-in-insurance-market-by-segment/
KPMG. "Degree of Optical Character Recognition (Ocr) Employment in Russian Insurance Industry in 2021, by Business Segment." Statista, Statista Inc., 29 Jul 2021, https://www.statista.com/statistics/1091421/russia-ocr-usage-in-insurance-market-by-segment/
KPMG, Degree of optical character recognition (OCR) employment in Russian insurance industry in 2021, by business segment Statista, https://www.statista.com/statistics/1091421/russia-ocr-usage-in-insurance-market-by-segment/ (last visited June 06, 2023)
Degree of optical character recognition (OCR) employment in Russian insurance industry in 2021, by business segment [Graph], KPMG, July 29, 2021. [Online]. Available: https://www.statista.com/statistics/1091421/russia-ocr-usage-in-insurance-market-by-segment/