Reducto vs Sensible

Document Intelligence

Paid from $0.05/page

• Handles the complex table structures found in SOVs and bordereaux that simpler parsers fail on
• Visual grounding provides an audit trail linking extracted data to source document coordinates
• Per-page pricing scales linearly without annual license commitments

• No insurance-specific pre-built extractors; teams must configure extraction for each document type
• Limited workflow tooling means extraction output needs separate routing and validation logic
• Early-stage company with a smaller customer base than established IDP vendors

• 01 Extracting property schedules from statements of values with merged cells and multi-page tables
• 02 Parsing scanned loss runs from multiple carrier formats into a normalized structure
• 03 Processing complex reinsurance bordereaux with nested table layouts
• 04 Converting submission packages into LLM-ready JSON for automated underwriting analysis

Intelligent Document Processing

Paid from $499/mo

• Pre-built ACORD extractors (25, 28, 125, 126, 130) work out of the box with minimal configuration
• JSON-based SenseML configs can be version-controlled alongside application code, fitting dev team workflows
• Per-document pricing is predictable and scales linearly, unlike annual license models

• No built-in workflow engine; extracted data must be routed through separate automation tooling
• Requires developers to configure and maintain extraction rules, not suitable for underwriter self-service
• Specialty and surplus lines documents outside standard ACORD forms require custom configuration

• 01 Extracting structured data from ACORD applications during submission intake
• 02 Parsing loss run PDFs into structured JSON for underwriting analysis
• 03 Processing statements of values with complex property schedules into spreadsheet-ready output
• 04 Verifying certificate of insurance coverage details against requirements