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DocLens Inc

↓ The source of this information is the New York State open data website, https://data.ny.gov/.

Account Number: 366741

Vendor Number

Vendor Formal Name: DocLens Inc

Formal Name of the Company

First Name: Arnab

First Name of the Company's Contact Person

Last Name: Dey

Last Name of the Company's Contact Person

Telephone: 9174766662

Telephone Number

Business Description: DocLens.ai is driving once-in-a-generation transformation of insurance risk management by thoughtful use of AI (ChatGPT, BERT, GPT) technologies and driving down risks and costs. Property & Casualty (P&C) Insurance companies spent over $500 Billion in claims payout in 2022 of which 50% are linked to litigation and liability claims. Ever-increasing third-party risks, increased litigation, social inflation, and legal abuse are causing an increase in litigation and liability claims. Claims that are being litigated rose 47% from 2017 to 2021. Rising cost of liability claims not only impacts the insurance industry bottom-line and credit ratings but also increases the premiums that small businesses and individuals need to pay to buy insurance – a huge economic burden. Insurance companies do not have the time nor the resources to deal with this rising threat and extract information from an increasing volume of documents, many of which are handwritten or have images; identify and evaluate the risk signals and execute timely mitigation actions. The problem is compounded when one thinks of achieving a semblance of consistency across 50 MM+ claims or 20 MM+ contracts annually. Signal Hub from DocLens.AI helps the industry recover $10 Bn + a year with breakthrough technology in Natural Language Processing and Intelligent Document Processing supported by proprietary algorithms and 3rd party data.

A brief description of the type of service provided

Certification: MBE

Type of Certification the company qualified for

Certification Renewal Date: 8/31/2029

Date on which certification was renewed

Ethnicity: ASIAN

Ethnicity of the Company owner(s)

Address Line 1: 156 West 56th Street

Company Address

Address Line 2: 6th floor

Company Address

City: New York

City in which Company is located

State: NY

State in which Company is located

Postcode: 10019

ZIP code

Mailing Address Line 1: 2218 Broadway, #161

Company mailing address

Mailing City: New York

City

Mailing_State: New York

State

Mailing Zip: 10024

ZIP code

Website: https://doclens.ai

Company Website

Date Of Establishment: 2022-03-08

Date the Company was Established

ID6 digit NAICS code: 541990

North American Industry Classification System (NAICS) Code that identifies the type of business

NAICS Sector: Professional, Scientific, and Technical Services

NAICS sector (Industry)

NAICS Subsector: Other Professional, Scientific, and Technical Services

NAICS Subsector

NAICS Title: All Other Professional, Scientific, and Technical Services

Type of Business

NIGP codes: 91833

National Institute of Governmental Purchasing (NIGP) Codes

Name of Client Job Exp 1: Signal Mutual

The Business the vendor is working for

Percent Self Performed Job Exp 1: 100

Percent of the job performed by the vendor

Date of Work Job Exp 1: 2023-07-25

Date the work was done

Description of Work Job Exp 1: Customer Beta Trials to showcase value of the product

Description of the work done

Name of Client Job Exp 2: Auto Club Group

Name of second business the vendor is working for

Percent Self Performed Job Exp 2: 100

Percent of the job performed by the vendor

Date of Work Job Exp 2: 2023-07-01

Date the work was done

Description of Work Job Exp 2: Customer beta trial for product

Description of the work done

Name of Client Job Exp 3: James River

Name of third business the vendor is working for

Percent Self Performed Job Exp 3: 100

Percent of the job performed by the vendor

Date of Work Job Exp 3: 2022-12-05

Date the work was done

Description of Work Job Exp 3: Customer Beta Trial

Description of the work done

Enrolled in PASSPort: Yes

Enrollment in the NYC's Procurement and Sourcing Solutions Portal (PASSPort)

Borough: MANHATTAN

Borough in which the building is located

Community Board: 105

The Community Board field indicates the New York City Community District where the building is located

Council District: 6

The Council District field indicates the New York City Council District where the building is located

BIN: 1076177

The BIN (Building Identification Number) is a unique identifier for each building in the City

BBL: 1010087503

The BBL (Borough, Block, and Lot) is a unique identifier for each tax lot in the City

Census Tract (2020): 137

The Census Tract (Census 2020) field indicates the U.S. Census Tract where the building is located. Please note that as part of the geocoding process, leading and trailing zeros are dropped

Neighborhood Tabulation Area (NTA) (2020): MN0502

The Neighborhood Tabulation Area (Census 2020) field indicates the New York City Neighborhood area where the building is located

Coordinates where the business is located
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