Policy Management

The policy admin system performs ratings, provides quotes, binds, and issues the policy. It is also used for endorsements and renewals. Remove remaining manual steps in policy management to reduce error rate and expenses, and decrease handling time by automating steps such as the policy check.

Benefits

Automate policy management and review

Reduce onboarding times

Enable clients to join your business faster and improve time to value.
Reduce errors & omissions

Reduce errors in policy checks and underwriting slips processing
Improve customer experience

Provide the final policy faster and execute easily on endorsements

Features

Building Blocks

Extract information

Extract key information across complex policy documents, underwriting slips, and binders
Compare documents

Detect differences between the binder and issued policy, or between the underwriting slip and the issued policy
Change terms and coverage

Execute on endorsements or seek & replace unfavorable clauses