OCR vs IDP
OCR converts document images into machine-readable text; IDP (Intelligent Document Processing) adds AI understanding on top to extract structured, contextual
FAQs
- Is OCR obsolete?
- No — OCR is a necessary component within IDP. IDP uses OCR to read characters, then adds AI to understand and structure them.
- Which do I need for insurance documents?
- Usually IDP, because the goal is to populate a system with structured data, not just convert an image to raw text.
Related Terms
Document Extraction (IDP)
Intelligent Document Processing (IDP) is AI that reads unstructured insurance documents
Loss Run
A loss run is a report from an insurer detailing a policyholder's claims history over a period
Intelligent Intake
AI that automatically ingests, reads, and structures incoming submissions or documents at the point of entry — turning unstructured inputs into decision-read.
