Policy Check

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Overview

Centralized, automated policy checking with on-screen color-coded error identification. Enables carriers and brokers to digitize and standardize the entire process of checking an application, submission, quote, binder, and an existing policy against a new policy in seconds accelerating the quote-to-bind process and delivering on contract certainty. Chisel AI's on-screen policy checklist identifies potential errors and omissions in minutes. An easy-to-use graphical interface allows staff to review findings and automatically communicate with the carrier resulting in an average machine policy check time of 2.5 minutes or less compared to hours and days. Deliver on your promise of contract certainty. Now you can check ALL of your policies without cutting corners or taking E&O risks.

Key Features

  • Compare a Policy Against a Binder or Existing Policy
  • Side-by-side on-screen document comparison
  • Color-coded error detection
  • Verify all documents at once
  • Side-by-side onscreen document comparison
  • Format agnostic
  • Out-of-the-box and customizable checklist
  • Audit trail
  • Average policy check time in minutes

Key Benefits

Reduction in the manual effort for policy cross-check, significant FTE reduction

Reduce E&O exposure, multiple systems of record validation

Improved productivity and redeployment of human talent

Drive revenue - enables brokers to sell more policies by shortening the customer acquisition cycle

Media

Documents

Product/Service details

SOLUTION OR SERVICE TYPE