Insurance Policy Review Agent
Analyzes corporate insurance policies against risk exposure and contractual requirements to flag coverage gaps before renewal or claims.
Legal and risk teams must verify that D&O, E&O, cyber, general liability, and other policies actually match the company's contractual insurance obligations and evolving risk profile, but policies run dozens of pages of exclusions, sublimits, and endorsements that are easy to misread
A new customer contract requiring specific coverage limits or additional insured status can silently exceed what the current policy provides, leaving the company in breach or underinsured
Coverage gaps are often discovered only at claim time, when it is too late to remediate
Renewal cycles compress review time, and comparing this year's policy against last year's to spot silently narrowed coverage is tedious manual work
The agent ingests policy documents alongside the company's contractual insurance requirements and risk register, extracting coverage types, limits, sublimits, exclusions, and endorsements into a structured summary. It compares current coverage against contractual obligations pulled from customer and vendor agreements, and against the prior year's policy to detect silent reductions in coverage. Gaps and material changes are flagged with severity ratings, and the agent generates renewal negotiation talking points for the risk or legal team.
Policy Extraction
- Parse policy declarations, exclusions, and endorsements
- Extract coverage limits, sublimits, and retention amounts
- Identify additional insured and waiver of subrogation provisions
- Structure data into a comparable policy summary
Contractual Obligation Cross-Check
- Pull insurance requirement clauses from customer and vendor contracts
- Compare required limits and endorsements against actual coverage
- Flag contracts where required coverage exceeds current policy
- Identify missing additional insured designations
Year-Over-Year and Risk Comparison
- Compare renewal policy language against prior year for silent narrowing
- Map coverage against the current enterprise risk register
- Flag new exclusions affecting recently identified risks (e.g., AI, cyber)
- Score overall coverage adequacy
Renewal Support
- Generate a gap summary and severity ranking for risk/legal review
- Draft renewal negotiation talking points and requested endorsements
- Route high-severity gaps to broker or carrier for quotes
- Archive final reviewed policy with annotations