As Automation takes over business processes, what the people outside the knowledge of the basic understanding of Automation often missout on is, Automation is not just about automating the mundane human tasks to be performed by bots, rather Automation when combined with the new-age technologies such as AI, ML, OCR can even perform tasks thought to be too complex and intelligent for bots to handle. The application of this amalgamate technology is wide-spread across various sectors and industries, although we’ll be focusing on how the Insurance Industry can capitalize on this new-age technology for detecting fraudulent claims which would massively benefit the organization in the long run.