ANTWORKS

Document Automation that's fast to Implement, easy to Use and built to Scale.

Document Management Growth Series A (USD 15M, SBI Holdings, 2018)

Overview

AntWorks is a global leader in Intelligent Document Processing (IDP), providing AI-powered automation that enables enterprises to extract, interpret, and act on information locked in complex business documents. Founded in 2015 and headquartered in London, the company employs more than 200 people across offices in Asia, Europe, and North America. Its flagship CMR+ platform processes millions of documents in structured and unstructured formats -- including emails, contracts, reports, tables, images, and handwriting -- with minimal human intervention.

AntWorks serves financial services, insurance, healthcare, manufacturing, and business process outsourcing sectors globally. In the insurance sector, the company developed Insurants, a purpose-built commercial lines IDP solution created in close collaboration with Marsh McLennan over several years. Insurants leverages a library of over 1,000 algorithms trained on tens of thousands of documents from 475 carriers and subsidiaries across more than 75 commercial lines. Insurants now operates under its own brand at insurants.ai and is recognized as a distinct solution within the AntWorks portfolio.

In 2024, AntWorks achieved SOC 2 compliance and filed two new AI-related patents. It was also recognized in the Gartner Market Guide for Intelligent Document Processing Solutions, and has consistently been named a leader by ISG, NelsonHall, Everest Group, and Frost & Sullivan.

Products & Services

CMR+ (Cognitive Machine Reading+)

AntWorks flagship IDP platform reads and contextualizes information from PDFs, images, handwriting, emails, and semi-structured documents using machine learning, NLP, NLU, and Generative AI. It processes millions of documents with minimal human review and includes Human-in-the-Loop (HITL) verification for continuous model improvement. Deployable on-premise, in private cloud, or as SaaS.

Key Features

Multi-format ingestion: JPEG, TIFF, PDF, MS Word, email, DMS, RPA integration
Auto QC with confidence scoring and human-in-the-loop verification
Gen AI / LLM integration for document summarization, entity recognition, and analytical conversations with documents
Context Cloud: patented approach using cognitive, location-based extraction without rigid templating
Drag-and-drop workflow canvas with low-code citizen developer configuration
SDK framework for custom extensions and third-party integrations
Native integration with Pega (CMR+ smart shape in Pega Dev Studio from v8.1, also on Pega Marketplace)
Deployable on AWS, Google Cloud, or Azure

Target Users: Enterprise teams in finance, insurance, healthcare, BPO, manufacturing

Insurants

Insurance-specific IDP solution for commercial lines brokers, carriers, and reinsurers. Co-developed with Marsh McLennan, Insurants automates extraction and processing of policies, quotes, binders, slips, financial statements, endorsements, and coverage comparisons. It has a library of over 1,000 algorithms and is available at insurants.ai (also accessible via insurants.com).

Key Features

Policy indexing and slip extraction with 90%+ automated accuracy
Policy comparison across 475+ carriers and 75+ commercial lines
Named entity extraction (NER) with GenAI validation
Slips Insight and Submissions Processing modules
AdvantageGo Underwriting Workbench integration
Governance framework with regular model auditing and human oversight
Pre-processing for poor-quality scans and handwritten notes

Target Users: Commercial lines brokers, carriers, MGAs, reinsurers

AntWorks RPA

Cognitive robotic process automation platform with digital workforce management. Available standalone or integrated with CMR+. Supports up to 50 cognitive BOTs with auto-failover, multi-tenancy, low-code configuration, and real-time management.

Target Users: Enterprise operations teams across industries

At a Glance

Founded: 2015
Headquarters: London, United Kingdom
Employees: 201-500
Funding: Series A (USD 15M, SBI Holdings, 2018)

Category & Focus

Category: Document Management
Subcategories: Intelligent Document Processing AI Automation Optical Character Recognition Generative AI
Insurance Verticals: P&C Commercial Reinsurance Specialty/E&S
Target Customers: Carriers, Brokers, MGAs/MGUs, Reinsurers

Customers

Marsh (Marsh McLennan) -- slip processing, 95% data allocation accuracy, 120+ fields across multiple business lines and geographies
Mercer -- insurance renewals and quotations, 70% faster processing, 76%+ accuracy
Fortune 500 Insurer -- title document processing (35 document types, 1,260 data points), 80% reduction in processing time (3 weeks to 3 days)
Global Insurer -- handwritten document digitization and signature validation, 92% handwriting recognition, 75% reduction in manual work
Pet Insurer -- document classification and approval workflow, 85% classification accuracy
US Bank -- built a team of 30 citizen developers across multiple compliance and lending use cases
City Union Bank -- customer onboarding document processing, 97% productivity increase (8 days to 1 hour)
Unilever -- certificate of analysis processing for product quality and supplier management
Scoot (airline) -- invoice processing from 1,000+ suppliers across 60 destinations