How can the London Market tackle outdated and inconsistent policy language?
Creating and updating policy language in the London Insurance Market can be challenging. London insurers write such a diverse range of insurance and reinsurance policies across many different lines of business and geographies that it can be difficult to ensure policy language is up to date and consistent.
Through Mozart Form Composer, users can perform wording audits to find and eliminate outdated policy language, compare documents to highlight variations between clauses and wordings, and score documents to identify how similar they are to other policy wordings content.