Wording Abstraction
Every treaty wording turned into a cited abstract of limits and exclusions, checked against the slip.
Why it matters
Wordings arrive months after the slip; terms are re-keyed by hand into systems, and differences from the slip surface only when a claim is presented.
How the solution handles it
Agents read the slip, wording and endorsements, extract limits, retentions, exclusions and key clauses, compare wording to slip and to last year, match standard clauses and write a cited abstract. The contract manager approves.
How a wording moves
Five agents read, extract, compare to the slip and last year, match standard clauses and write the abstract; a contract manager approves.
What it reads, and what it hands back.
What goes in
- Signed slip
- Treaty wording
- Endorsements
- Prior-year wording
What comes out
- Cited contract abstract
- Slip-to-wording differences
- Clause register
- Changes from last year
Who uses it
The difference, in numbers.
Every figure is labelled: a target the solution is built to, an estimate, a typical published result, or a proven one.
“Target” = design goal, measured in the live solution · “Estimated” = our estimate · by-hand time from an 8-hour working day · agents = the live solution’s configuration
5 specialist agents. One person decides.
More in this division.
Every renewal submission read and summarised, loss data rebuilt and gaps flagged in hours, not weeks.
Facultative ReviewEvery facultative offer read against the underlying policy and guidelines, with a cited view in an hour.
Cession ReconciliationEvery bordereau and account matched to treaty terms, every difference explained before settlement.
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