Insurance Policy Checking demo
Every issued policy checked against the quote, binder and client request, with each difference cited and a correction request drafted. 1:15
What the demo shows
A policy checking solution for agencies that compares each issued policy to quote and binder.
Five agents read each issued policy the day it arrives. They match every term to the quote, binder and expiring policy and search for each promised endorsement by number, title and wording; the policy checker decides each finding, sends one correction request to the carrier and signs the file.
Transcript
- Insurance Policy Checking compares each issued policy with its quote and binder for insurance agencies.
- Coverage promised but never procured drives about 30% of agency, E and O claims.
- Granite Ridges Renewal, 142 pages, read by five agents.
- Each difference is a tick, products aggregate, 2 million bound, 1 million issued.
- Click a tick and all three documents, jumped to the same passage.
- This pile holds what was promised, but printed nowhere.
- The waiver of subrogation for Sterling Vance, quoted, bound, contracted, and missing.
- Tamsin sends one correction request, 10 items, each with its page.
- Every policy checked on arrival, each difference cited before it is a claim.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.