Building a policy comparison form is essential for insurance brokers, MGAs, and carriers that need to collect, analyze, and compare multiple insurance policies efficiently. A Policy Comparison Form streamlines the process of selecting the line of business, uploading policy documents, extracting key details, and presenting a clear side-by-side comparison for faster and more accurate decision making.
Comprehensive Policy Collection
This workflow begins by asking the user to choose the relevant line of business, such as commercial property, general liability, business auto, umbrella, excess liability, or workers’ compensation. After selecting the line, the user uploads the policies or quotes they wish to compare, whether current policies, renewal offers, or competitor proposals.
Automated Data Extraction and Analysis
Once the policies are uploaded, Feathery reads unstructured PDFs or AMS data to extract critical details such as premiums, coverage limits, deductibles, endorsements, and effective dates. Our AI maps and organizes the information automatically, making it easy to spot differences across carriers or proposals.
Comparative Reporting and Proposal Generation
Feathery generates branded Word, PDF, or Excel reports that highlight premium variances, coverage gaps, and key policy differences. These reports can be shared directly with clients or used internally for underwriting and decision making.
Real-Time Digital Experience
The extracted data is displayed within the form itself, allowing brokers or clients to view side-by-side comparisons instantly. This creates a seamless digital experience for brokers, insureds, and underwriters.
Quoting Automation
Beyond comparisons, Feathery’s AI can prefill carrier applications, populate carrier portals, and assist with quote generation, reducing manual work and speeding up the proposal process.
Flexible Integrations
Feathery integrates with agency management systems such as Applied Epic and Vertafore, as well as CRMs like Salesforce, so extracted data and comparison results can flow directly into existing workflows.
Improved Accuracy and Efficiency
Automating data intake, extraction, and report generation minimizes manual entry, reduces errors, and ensures that all policy information is captured accurately for analysis or client presentations.
Operational Scalability
By automating policy comparisons and quoting, insurance teams can handle higher volumes of submissions and renewals without adding operational overhead.
To sum it up, a structured Policy Comparison Form is not just a convenience, it is a critical component in delivering fast, accurate, and client-centric insurance comparisons and proposals.
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