Identify Coverage Gaps in Insurance Policies
The Problem
  • Insurance policies are complex, difficult to understand and interpret
  • People/Enterprises do not realize coverage inadequacies, gaps in their policies until its too late
  • Insurance companies and agents struggle to engage average Insurance consumer and educate them on their protection needs.


Solution
  • AI/ML platforms can be trained to understand the Insurance policies and extract relevant information from unstructured policies ( Coverages, Limits, Endorsements, Exclusions)
  • 3rd party data sources on Risk exposures are growing and available.
  • Coverage gaps are identified based on what you should have vs what you have?