Qumis

Dealing with intricate insurance policies often involves hours of painstaking manual review, searching for specific clauses, comparing terms, or assessing coverage against claims. This process can be slow, prone to oversight, and requires significant expertise. Qumis is an assistive-AI platform specifically designed for insurance professionals like you – brokers, claims teams, attorneys, and risk managers – to streamline this complex work. Built by attorneys with deep insurance knowledge, Qumis helps you analyze policies faster, extract critical information accurately, and gain actionable insights from your most complex documents.

Key Capabilities

• 🧠 Leverage the Qumis Cortex AI Engine: Access an AI trained specifically on insurance documents and legal principles, designed by lawyers to understand the nuances of policy language. This provides a foundation of specialized intelligence for all analyses.

• 💬 Chat with Your Policies (Policy Chat): Ask direct questions about policy terms, exclusions, definitions, or claim details in plain language. Qumis instantly scans the relevant documents and provides targeted answers, saving you search time.

• ⚖️ Compare Policies Instantly (Policy Comparison): Upload multiple policies and receive a detailed comparison report in seconds. Quickly identify differences in wording, limits, and conditions to advise clients or understand coverage layers effectively.

• ✔️ Assess Claim Coverage Automatically: Submit a complaint or claim summary, and Qumis automatically analyzes the referenced policy to help identify potentially relevant coverage grants, exclusions, and conditions precedent.

• 🔍 Find Precedents Effortlessly (Precedent Search): Highlight any section of policy text, and Qumis instantly searches your secure document repository and public legal databases for matching language or relevant interpretations, aiding consistency and informed positioning.

How Qumis Works for You: Real-World Scenarios

1. For the Broker: A client needs urgent advice comparing renewal options from three different carriers for a complex liability risk. Instead of spending hours manually cross-referencing dense documents, you upload the quotes to Qumis. Within minutes, you receive a clear report highlighting key differences in coverage triggers, sub-limits, and exclusions, allowing you to provide swift, well-informed recommendations.

2. For the Claims Team: A large, complex property damage claim arrives. Before assigning extensive resources, the adjuster uses Qumis Claim Coverage. By inputting the loss details, they quickly get an AI-assisted overview of potentially applicable sections of the multi-layered policy, relevant exclusions, and notice requirements, enabling a more focused and efficient investigation.

3. For the In-House Counsel/Risk Manager: Tasked with reviewing the company's entire D&O insurance program after a regulatory change, you use Policy Chat to query specific clauses across multiple historical policies simultaneously. You then use Precedent Search on ambiguous wording to understand how similar language has been interpreted, ensuring compliance and identifying potential gaps proactively.

Gain Clarity and Efficiency in Complex Risk Analysis

Qumis isn't about replacing your expertise; it's about enhancing it. By automating the laborious aspects of policy review and information retrieval, Qumis frees you up to focus on strategic decision-making, client service, and managing risk effectively. It provides the speed of AI combined with the analytical rigor expected from legal professionals, scaling to support both individual experts and large teams across all lines of insurance. With robust security measures in place, you can confidently manage your sensitive documents.

Frequently Asked Questions

Does Qumis fully automate coverage analysis? No. Qumis is an assistive tool designed to empower your expertise, not replace it. Human oversight and judgment remain essential. The platform provides rapid access to relevant information and AI-driven analysis to help you reach informed decisions more efficiently, significantly reducing time spent on manual data gathering and comparison.

Do you train your AI using my uploaded data? No. Your proprietary documents remain confidential and are not used to train the core Qumis Cortex AI engine. The engine is pre-trained on publicly available insurance documents and legal filings. Your data is only used to provide results back to users within your organization.

Who can access the documents I upload? Only authorized users within your specific organization can access the private documents you upload to your secure Qumis workspace (Corpus). This private data is segregated from other organizations and from the public documents Qumis also utilizes.

What document formats does Qumis support? Currently, Qumis primarily supports PDF documents. We are actively working on expanding compatibility to include other common file types and developing integrations with widely used document management and claims management systems.