Discrepancy report
The quoted, bound and issued terms side by side, or the renewal beside the expiring policy.
Catch policy errors before your client does
Send the quote or binder with the issued policy. You get back a discrepancy report covering named insureds, dates, limits, deductibles, forms and endorsements, with each finding linked to the page it came from.
BinderFlood limit $2M
Issued policyFlood limit $1M
Reply to account manager
Policy check: 2 differences
- Flood limit is $1M, binder says $2MPolicy p. 3 · Binder p. 2
- Additional insured endorsement missingBinder p. 4
- Premium, deductible and dates matchPolicy p. 1
Correction request draft.docx
Check every policy and every line
Policy errors are a common source of E&O claims. Catching them means tracing each term through the quote, binder, policy and endorsements. That work falls to account managers between renewals, or goes to an outsourced checking team.
Workflow steps
01
Send the documents
Upload the quote or binder and the issued policy, with any endorsements. For a renewal, add the expiring policy.
02
Parsewise checks every term
It compares each term across the documents and flags every difference with the passages it came from.
03
Get the report back
The report lists critical differences first, each with the wording behind it, and includes a draft correction request for the carrier.
A discrepancy report and a draft correction request
Source evidence
The passages behind each finding, so the reviewer can read the wording in context.
Correction request
An editable draft naming the policy, the difference and the correction needed.
Fix it with the carrier, not after a claim
Each finding comes with the passage behind it, so the account manager can confirm it and send the carrier a specific correction request. The evidence stays with the request when the revised policy comes back.
An issue stays open until your team closes it
A difference between documents needs a person to judge it. The report doesn't decide which wording governs or replace your review of the full policy.
- Confirm the document versions and relevant endorsements.
- Judge how much each difference matters.
- Check the carrier's response and revised documents before closing the finding.
Configure it around your team
During implementation, we agree the documents, rules and outputs this workflow needs.
- The policy terms, forms and endorsements your team checks
- How you handle version history and exceptions
- Your correction-request template and who reviews what
Send us a policy your team checks by hand
We'll start with the task your team handles, demonstrate how Navi prepares the work and discuss a custom demo you can test.
Start with a demo or a test run
Book a demo
Pick a time that suits you. You add your name and email when you book. Calendar not loading? Open the booking page.
Prefer email? sales@parsewise.ai
Rather see results on your own policies before a call?