Exdion Policy Check
Exdion Policy Check has integrations available for major Agency Management Systems including Vertafore and Applied, which allows you to review policies instantly.
The speed, accuracy, and cost-efficiencies of our technology is unparalleled. We deliver a dramatic improvement to customer satisfaction as well as employee experience!
The Exdion X-Ray, with its side-by-side view and precise variance highlights, cuts down policy review time to just a few minutes. CSR’s can quickly and easily find variances, saving them from having to go through all those manual efforts!
Exdion Grid
The Exdion Grid within the CSRdigit Portal innovatively enables users to act on identified policy variances, integrates workflows between account managers and assistants for efficient variance resolution, and automates action logging and endorsement activities.
Forms Verbiage Comparison
The Forms Compare module for Exdion Policy Check adds a new tab in the checklist to show all the matched and mismatched details along with X-Ray. X-Ray specifically highlights the verbiage mismatch which makes it easy for Account Managers to identify the variance and language changes.
Lead with Smart Broker Insights
Our dynamic carrier insights offer real-time analysis for data fields through our customizable dashboards. This helps agencies analyse the potential actionable E&O variants and negotiate with carriers for the first-time right policies. Also, the insights enable better risk advice by correlating data points like premium, limits, and deductible for better coverage and with cost benefits.
Mitigate E&O
Brokers are liable for errors in policies. Policy Check automates the policy lifecycle processes and corrects potential E&O mistakes by comparing key policy documents—including the proposal, coverage calculations, retentions, and endorsements—to identify any variances. Seamless integration allows for efficient data and document transfer between CSRs and Agency Management Systems (AMS), further reducing E&O risk.
Features
AM/CSR First - the only platform built for the brokers and their teams’ unique needs.
The comprehensive E&O Review Checklist has been purpose-built to cover over 300+ data points, translating into a list of 31 crucial checkpoints.
An easy-to-use intuitive application and the checklists are highly customizable.
It's perfect for any carrier/any line of business or insurance document. It works with all insurance documents!
Comprehensively covers current and Expiring Policies, Endorsements, Quote, Binder, Proposal, Schedule & ACORD Application/Submissions.
All variances are highlighted with visual indicators and granular drill down up to a single zip code digit.
Exdion Policy Check assures 95% accuracy.
System checks for verbiage difference between old and new forms.
System automates “Endorsement request” activities.
Helps you to update Agency management system and keep it current.
Benefits
Reduces backlogs with instant policy review and saves over 90% of the time required to check policies.
Drops your expenses by 50% or more instantly.
Pre-defined E&O dimensions makes it easy to work with.
100% of the process happens behind the scenes – ZERO involvement from AM/CSR.
Delivers the full AM/CSR bandwidth back into your system, without any dependence on outsourced resources.
Our Transition Support Services ensure that you have a successful deployment. We customize and work around the edges to meet your specific needs.
Can handle peak renewal volumes without any lag
Standardized output across agency
How The Platform Works?
The system is a smart cognitive AI platform that checks for each specific E&O risk area. The technology presents only variances and eliminates tedious manual policy checking.