Insurance
Product benchmarks that stay up to date
Competitor conditions extracted and compared per product, and always reviewed before the team relies on them.
The problem
To advise clients and win business, an insurance team needs to know how its products compare with the market. Conditions are spread across long documents from many insurers, in different formats.
Gathering and comparing them by hand takes so long that benchmarks are only made now and then, and are quickly out of date. Finding out whether one is still current is itself a job.
The journey
Product information
Your systemsCompetitors' product information and conditions are collected per product line.
Extract and compare
NovaConditions are extracted and placed side by side, with a reference to the source passage.
The team reviews
Your teamA specialist checks the benchmark and corrects where needed.
One overview of competitors
Your systemsPer product: last update, trend and status, so it's clear what can be relied on.
Nova's solution direction
Current rather than occasional
Benchmarks are maintained with assistance, rather than rebuilt from scratch each time.
Every comparison traceable
Each condition links back to its source, so the specialist can verify it quickly.
Within your framework
Governance and IT validation are part of the track from day one, and core systems are only read, not written to.
A number from the start
One business driver and one KPI, with a baseline measured before the build starts.
Anonymised use case, based on a real brief in our studio. Names and identifying details have been left out. It describes a solution direction, not a measured result.
