# How Hanwha Life uses Upstage

**70%**: “70% Reduction in Manual Processing: AI automated data extraction”

As published on [upstage.ai](https://www.upstage.ai/customers/hanwha-life). Captured by usedby on 2026-10-08.

- Company: [Hanwha Life](https://www.usedby.ai/companies/hanwha-life.md)
- Tool: [Upstage](https://www.usedby.ai/tools/upstage.md)
- Teams: General Insurance, Data Analytics

## What the story says

Hanwha Life used Upstage's Document Parsing to extract and structure data from 5 million insurance claims spanning 10 years, including scanned and handwritten medical documents. The structured data was used to analyze treatment costs and design new cancer insurance products.

Summary written by usedby from the source page, in English. The figures are those of Upstage and Hanwha Life, not ours.

> Hanwha implemented Upstage AI’s Document Parsing to analyze 5 million insurance claims from the past 10 years. The AI extracted and structured key medical data, enabling Hanwha to:

- **50%**: “50% Lower Infrastructure Costs: AI’s efficiency reduced overhead and cut processing expenses in half.”

> Upstage delivers outstanding accuracy—achieving over 95% recognition across diverse document types.Unlike traditional OCR tools, Upstage continuously improves its model performance and offers scalable commercial solutions.We chose Upstage for its reliability and scalability, and we look forward to expanding our collaboration.
>
> Gyeong-won Jeon, Data Analytics Lead

## What usedby checked

We compared the story with its live page on 2026-10-08.

- Checked: the figure 70% is printed word for word on the page, near the name of Hanwha Life.
- Checked: the passage quoted above is copied word for word from the page, near the name of Hanwha Life.
- Checked: each number in our summary is printed on the page.
- Checked: Hanwha Life uses Upstage. Confirmed line. Latest check across sources: 2026-10-08.
- Not checked: the result itself. We quote it; we did not measure it.

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Source: https://www.usedby.ai/case-studies/hanwha-life-upstage · How we check: https://www.usedby.ai/methodology