Treaty Wording Comparison demo

This year's wording against last year's, the slip and the market clause, clause by clause. 1:14

What the demo shows

A contract review solution that redlines each treaty against last year, the slip and market.

Six agents read the broker's draft, link every line of the firm-order slip to the clause that must carry it, and redline each clause three ways at once — against last year, against the market or house clause, and against the slip. A clause that contradicts the slip is flagged not as agreed, with the slip line beside it; the contract manager sends cited queries and signs the contract summary before inception.

Transcript

  1. Treaty Wording Comparison checks each new treaty wording against last year, the slip and the market.
  2. Drafts follow the slip, and a changed Hours Clause waits for a hurricane.
  3. Harrowgate Mutual's Catastrophe Treaty, Draft 2, 17 days out.
  4. Agents compare every clause three ways, with the slip as judge.
  5. The Hours Clause says 168.
  6. Slip Line 22 says 72.
  7. Not as agreed. Against the slip, three clauses contradicted and five were never on it.
  8. Clara sends cited queries and Draft 3 comes back corrected.
  9. Counsel accepts three clauses and Clara signs 17 days early.
  10. Every change clause found before signing, not when a claim tests it.
  11. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.