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Training LayoutLM from Scratch for Efficient Named-Entity Recognition in the Insurance Domain

12 December 2024
Benno Uthayasooriyar
A. Ly
Franck Vermet
Caio Corro
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Abstract

Generic pre-trained neural networks may struggle to produce good results in specialized domains like finance and insurance. This is due to a domain mismatch between training data and downstream tasks, as in-domain data are often scarce due to privacy constraints. In this work, we compare different pre-training strategies for LayoutLM. We show that using domain-relevant documents improves results on a named-entity recognition (NER) problem using a novel dataset of anonymized insurance-related financial documents called Payslips. Moreover, we show that we can achieve competitive results using a smaller and faster model.

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