Quimis’ AI-powered insurance policy analysis platform upgrade was informed by input from legal experts. The tool now offers expanded functionality, including a centralized document management system, reusable AI prompt templates, visual policy comparison tools, and extended contract review features. A new beta feature allows users to query relevant case law and legal precedents directly within the system, as well.
These improvements build upon the company’s existing framework that is already utilized by major U.S. insurance brokers and specialty carriers to analyze coverage terms and assess risks. The platform’s ability to parse intricate policy language and surface key provisions could help underwriters accelerate risk assessment processes without compromising thoroughness.
Image Credit: Qumis
