Magic Placement - IntellectAI

Catch costly mistakes between quotes, binders, and policies

Magic Placement automates the review of policies, binders, and quotes to analyze, compare, and correct mistakes, reducing human error and minimizing dangerous mistakes.

Side-by-Side Document Comparison and Mismatch Detection

Instant alerts to mistakes and inconsistencies

Document Analysis, Coverage, and Needs Alignment

Advanced LLM-based extraction with data and format standardization

40%

Increase in
Productivity

75%

Reduction in Document Review Time

30%

Cost Savings Through Scalable Operations

USECASE 1

Catch Discrepancies
Before They
Become Liabilities

Harmful errors across quotes, binders, and policies can ruin your reputation. Magic Placement detects these errors, drastically reducing errors and omissions (E&O) risk.

Apply checklists to verify critical terms and conditions across single and multi-carrier submissions.

Use AI Expert agents to analyze policy language and flag discrepancies in limits, terms, and insured details.

Trace extracted data to their exact source in the document for compliance and transparency.

Trigger real-time alerts to prompt when errors and discrepancies are detected.

Verify binders, and policies the same day they’re quoted and speed up policy issuance.

Automatically normalize and standardize data into your own format in minutes.

Distribute comparison reviews efficiently by assigning tasks based on team roles.

Handle same carrier document mismatches and multi-carrier quote comparisons.

Benchmark quotes from multiple carriers and make informed placement decisions.

Aggregate data across multiple carriers, and generate real-time competitive insights.

USECASE 2

Compare Quotes
Faster to Place
Accurately

Side-by-side comparison of multiple quotes in an easy-to-read, digestible format for your clients to make the right risk decisions.

The Magic Process

Reduce human dependency and mitigate the risk of costly errors with a solution that
verifies each data point across key documents.

Ingest

Ingest insurance documents - quotes, binders and policies-
from emails, APIs, S3 buckets, and manual upload, making
document processing seamless and flexible.
Extract

Uses advanced LLMs to extract and process documents in PDF,
Word, structured forms, and handwritten formats with auto-
classification of documents for structured analysis.
Compare

Compare key data points across quotes, binders, and
policies side-by-side and catch discrepancies, errors,
mismatches, subtle differences, compliance risks and
guideline deviations.
Communicate

Notify brokers or agents of required corrections through
automated emails, alerts or task assignments.