IntellectAI's Magic Placement cuts quote workloads by 60%

IntellectAI Introduces Magic Placement to Streamline Quote Processing

IntellectAI has announced its new Magic Placement platform, designed to address challenges in processing insurance quotes for commercial brokers. The platform utilizes artificial intelligence to automatically extract, structure, and validate complex quote documents. According to the company, this process eliminates the need for manual data entry and could reduce workloads related to quote processing by 60%.

Original Source: https://fintech.global/2026/06/15/intellectais-magic-placement-cuts-quote-workloads-by-60/