Automate SOV & Schedule Processing for Underwriting

Statements of values (SOVs), property schedules, vehicle lists, and employee benefit schedules arrive in dozens of formats — spreadsheets, PDFs, scanned documents. Manually extracting building locations, construction types, values, and vehicle details is time-consuming and error-prone. We automate the entire process with AI-powered extraction at 98% accuracy.

98%Data extraction accuracy
90%Reduction in manual handling
90%More data from submissions

Alfabolt stepped in and took over support of our digital platform and internal systems, They quickly ramped up and were not only able to significantly improve our functionality, but saved us 50% on our hosting and infrastructure costs! After just a few short months they are a completely integrated part of our team!

Julie Zimmer

Julie Zimmer

Chief Executive Officer - LuckyTruck

What impressed us most about Alfabolt was their unwavering commitment to meeting all deadlines and their outstanding communication. They consistently delivered on time, which greatly contributed to the smooth progression of our project. Their clear, proactive communication ensured that we were always on the same page, making the entire development process efficient and stress-free. This level of dedication and responsiveness truly set Alfabolt apart.

Maiuran Loganathan

Maiuran Loganathan

Chief Executive Officer - Pine

Good, reliable developers who care about your project as much as you do are extremely hard to find. Alfabolt provides you with a team of such developers. They are very professional and always take the time and energy to do what's best for the project. I've really enjoyed working with them and know it won't be the last time.

Melanie Aronson

Melanie Aronson

CEO - Panion

We were impressed with their response times and knowledge, especially from their senior developer that we hired.

Daniel Tovesson

Daniel Tovesson

CTO - Bej Technologies AB

How SOV processing automation works.

From raw schedule or SOV to structured underwriting data — regardless of format.

01

Ingest & Classify

Receive SOVs and schedules from broker emails and submissions. Classify by type — property, vehicle, employee benefits, equipment.

02

AI-Powered Extraction

Extract key fields: building location, construction type, building value, number of stories, vehicle details, employee counts, and more.

03

Populate Underwriting Systems

Push extracted schedule and SOV data directly into underwriting workbenches and rating systems for immediate use.

SOV processing capabilities.

Property SOV Processing

Extract building location, construction type, occupancy, year built, building value, and TIV from property SOVs in any format.

Vehicle Schedule Processing

Extract VIN, year, make, model, value, and driver assignment from vehicle schedules for auto and fleet underwriting.

Employee Benefit Schedules

Process employee census data, benefit elections, and class/salary information for group benefits underwriting.

Why SOV automation frees underwriters.

Schedule and SOV data entry is pure mechanical work that keeps underwriters from evaluating risk. Automation gives that time back.

Handle any format automatically

Whether SOVs arrive as Excel files, PDFs, or scanned documents, the AI extraction pipeline handles them consistently.

Reduce data entry errors

Manual transcription of large SOVs is where costly data errors originate. Automated extraction eliminates this risk.

More time for risk evaluation

Every hour freed from SOV data entry is an hour underwriters can spend on risk assessment and relationship building.

SOV workflows we automate.

Commercial property SOVs

Extract location, construction, and valuation data from complex multi-property SOVs.

Fleet vehicle schedules

Process vehicle lists for commercial auto and fleet policies with VIN decoding and driver mapping.

Renewal SOV comparison

Compare current vs. prior year SOVs to highlight changes in values, locations, or exposure.

Learn more

SOV processing automation FAQs

Excel spreadsheets, PDFs, scanned documents, and structured data files. Our AI handles varying formats without requiring standardized templates.

Building location, construction type, occupancy, year built, number of stories, square footage, building value, contents value, and total insured value.

Yes. Our extraction pipeline handles SOVs of any size, from single-location risks to portfolios with thousands of properties.

Extracted data is typically available in your underwriting system within minutes of submission, compared to hours or days for manual entry. Combine with submission intake automation for fully automated submission processing.

Related Automation Workflows

Explore more purpose-built automation solutions for your insurance operations.

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Ready to automate?

Book a free intro call. We'll map out your workflows and show you exactly what we can automate — and how fast.

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