Case Study

Policy Review and Comparison

Policy Review and Comparison

Pages 5 Pages

1 AI to Support Policy Review and Comparison2 Policy Review and Comparison in Context How do you avoid unintended risk exposure when it occurs between tens of thousands of datapoints contained in misaligned contracts and clauses? How do you achieve contract certainty when policies are established or renewed? How do you react to unexpected and/or rare events (e.g., cyber attacks, COVID-19, etc.) that disrupt your insurance processes? In all lines of business, the primary concern is to reduce leakages and unintended risk exposure while also ensuring coverage certainty. To achieve this, you must require recurring policy reviews, a critical activity owned by the underwriting function. Policy review is also important to brokers who face similar requirements in scenarios such as align

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