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

Benno Uthayasooriyar, Antoine Ly, Franck Vermet, Caio Corro


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.
Anthology ID:
2025.finnlp-1.9
Volume:
Proceedings of the Joint Workshop of the 9th Financial Technology and Natural Language Processing (FinNLP), the 6th Financial Narrative Processing (FNP), and the 1st Workshop on Large Language Models for Finance and Legal (LLMFinLegal)
Month:
January
Year:
2025
Address:
Abu Dhabi, UAE
Editors:
Chung-Chi Chen, Antonio Moreno-Sandoval, Jimin Huang, Qianqian Xie, Sophia Ananiadou, Hsin-Hsi Chen
Venues:
FinNLP | WS
SIG:
Publisher:
Association for Computational Linguistics
Note:
Pages:
101–110
Language:
URL:
https://aclanthology.org/2025.finnlp-1.9/
DOI:
Bibkey:
Cite (ACL):
Benno Uthayasooriyar, Antoine Ly, Franck Vermet, and Caio Corro. 2025. Training LayoutLM from Scratch for Efficient Named-Entity Recognition in the Insurance Domain. In Proceedings of the Joint Workshop of the 9th Financial Technology and Natural Language Processing (FinNLP), the 6th Financial Narrative Processing (FNP), and the 1st Workshop on Large Language Models for Finance and Legal (LLMFinLegal), pages 101–110, Abu Dhabi, UAE. Association for Computational Linguistics.
Cite (Informal):
Training LayoutLM from Scratch for Efficient Named-Entity Recognition in the Insurance Domain (Uthayasooriyar et al., FinNLP 2025)
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PDF:
https://aclanthology.org/2025.finnlp-1.9.pdf