document-understanding
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ACORD131 - ML package
Document Understanding Modern Projects User Guide
Last updated Nov 14, 2024
ACORD131 - ML package
Acord 131 (Umbrella/Excess section) is a standardized form that has details about liability coverage, affording extended coverage and/or high excess.
This model is trained to extract up to 57 fields plus items containing information about the Agency, Policy, Liability, Locations and Subsidiaries, Underlying Insurance, etc.
The model automatically detects data such as:
- Document Date, Effective Date, Name Insured(s),
- Transaction Type, Liability Limits, Retained Limit,
- Automobile Liability Carrier, Policy Number, Effective and Expiring Date, Limits, Annual Renewal Premium Amount,
- Employers Liability Carrier, Policy Number, Effective and Expiring Date, Limits, Annual Renewal Premium Amount,
Note: For the complete list of extracted fields, check the Out-of-the-box Models Details file.