AI for corporate risk managers
The renewal folder holds the loss runs, the expiring policies, the quotes and the statement of values. It hands back the loss register, the quote comparison and the business interruption claim pack you would otherwise build by hand.
Renewal-recommendation-2027.pptxExampleAsk it for
“Combine the loss runs from our three carriers and the TPA into one 5-year register. Flag every open claim with a reserve over $100,000.”
Five-year-loss-register.xlsx“Turn the three property quotes and the expiring terms into a renewal recommendation for the finance committee, with total cost of risk at each retention option.”
Renewal-recommendation-2027.pptx“Check each subcontractor’s certificate and endorsements against our contract insurance requirements, and cite the form number for every gap.”
COI-gap-report.xlsx“Map the water damage claim to the property policy and quote the anti-concurrent causation wording, then draft the tender to the contractor’s carrier.”
Tender-and-coverage-position.docx“Quantify the Ridge Road plant fire business interruption claim from 24 months of P&Ls and payroll, plus the repair schedules that set the period of restoration.”
Business-interruption-claim-Ridge-Road.xlsx“From the statement of values, total the TIV by county and set it against the CAT vendor’s 1-in-100 windstorm PML and our $25 million limit.”
PML-versus-limits.xlsx
How it works
- 1
Point it at the renewal folder
You drop in the loss runs in each carrier’s format, the expiring policies and binders, last year’s statement of values and the appraisals. Add the contract insurance clauses, the carrier quotes and the monthly financials for any open claim.
- 2
Ask for the piece in front of you
Workbooks come back with live formulas, and each term and number carries the policy page or loss run it came from. Anything the documents do not answer, it notes as a gap rather than guessing.
- 3
Review the terms, then decide
Every figure traces to a document in the folder, so review means reading the cited pages instead of rebuilding the sheet. You and finance decide the retentions, and nothing goes to the broker until you say so.
Inside the Risk & Insurance Management mode
Insurance renewals and coverage proposals
Drafts the submission and the proposal: updated ACORD forms, the statement of values, the quote comparison and the deck your CFO reads.
Loss run and exposure analysis
Each carrier’s loss run format becomes one claims register, with frequency and severity trends, loss ratios and the open reserves inflating your mod.
Certificate of insurance tracking
Checks certificates and the endorsements behind them against the contract’s requirements, because an ACORD 25 by itself proves none of it.
Insurance coverage analysis
It maps a claim to the insuring agreement, exclusions and limits, quotes the wording and drafts the tenders and position letters for counsel to review.
Business interruption claim
The business interruption claim builds up from the monthly financials: continuing expenses, ordinary payroll, extra expense, seasonality and coinsurance.
Catastrophe and accumulation review
Breaks the vendor’s PML down by zone and occupancy, totals the values where wind losses stack and tests them against your limits and named storm deductibles.
- Office skills
- Excel, Word, PowerPoint, PDF
- Tools
- Read, edit and write files, Search files, Run code, Search and read the web, View images
- Connectors
- SharePoint, Google Drive, Gmail, and additional custom connectors
- House style
- Your fonts, layouts and rules, on every file
Who it’s for
Corporate and public-entity risk managers who buy insurance and run enterprise risk programs.
Questions
Can it misread a policy or invent exclusion language?
It can, so the analysis quotes the policy language it relied on, cites the page it came from and flags anything it could not reconcile. Read the clauses that decide coverage yourself, and treat its summary as a map back to the wording.
Does it replace our broker?
No, it does not replace the broker. Your broker markets the program, negotiates terms and binds coverage. It just gives you the submission, the loss register and the side-by-side comparison before the broker calls.
Who decides the retentions and limits?
The decision stays with you and finance. It lays out premium and retained-loss scenarios by retention option and shows the layers those scenarios sit in. You weigh that against your loss history, then accept, change or reject any term.
Is it safe to give it loss runs with employee names and medical detail?
Ultramarine Work changes files only in the project’s folder. When a request needs it, it can read files elsewhere on your computer, never passwords, keys or app data, and you can turn that off in settings. The model runs on Paper Instruments’ servers, so the content it works on is sent there to be processed. Paper Instruments is SOC 2 Type II, and our security and compliance details are on our compliance page.
Do our compliance and legal teams need to approve this first?
Yes, that approval is theirs to give, not ours. Policies, loss runs and claim files are sensitive company records, so your legal and compliance teams should decide what they allow under your own data policies. Our compliance page has the security details they will ask for.