Comparative analysis of insurance policies

Challenge

A client needed to compare multiple insurance policies across different providers. The policies had complex terms, varying coverage details, and different pricing structures, making direct comparison difficult.

Solution

Openmanus approached this by:

• Extracting key information from policy documents
• Standardizing terminology across different providers
• Creating normalized comparison metrics
• Analyzing cost-benefit ratios for different coverage options
• Identifying hidden limitations and exclusions

Result

Openmanus delivered a comprehensive comparison including:

• Side-by-side comparison tables of key coverage areas
• Standardized cost analysis for equivalent coverage
• Visual highlighting of significant differences
• Scenario analysis for different potential claims
• Clear recommendations based on the client's specific needs
• Summary of pros and cons for each policy

The client was able to make an informed decision and reported saving both money and obtaining better coverage than they would have without the analysis.