Insurance Lab
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For insurance brokers and agents

The policy, read through the loss adjuster’s eyes. Before they do.

Limits, deductibles, sub-limits and exclusions checked one by one against a catalogue built line of business by line of business. Every finding carries the article it was drawn from, quoted verbatim.

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Built by a broker: section B of the Italian RUI register, no. B000252003 — verifiable on the IVASS register. The professional always decides.

General Liability · third parties, employees, products 3 of 3 findings

Schedule · Product Liability

Limit per claim€ 5,000,000.00
Damage to the finished product€ 3,000,000.00
Supply guarantee€ 500,000.00
Deductible on supply10% · min € 50,000.00

Product Liability — Supply guarantee

[…] Also indemnifiable, up to a maximum of 10% of the limit provided for this cover, is the value of the product to be replaced should its repair not be possible.

Product Liability section · Art. 6

THE INSURANCE APPLIES TO CLAIMS MADE AGAINST THE INSURED/POLICYHOLDER FOR THE FIRST TIME DURING THE PERIOD OF INSURANCE AND NOTIFIED TO THE COMPANY.

Real policy, names masked; translated. Open the full report
18lines of business modelled, each with its own catalogue
384clauses in the line-of-business catalogues
25years in broking, section B of the RUI
0documents used to train models

The risk is not in the clause you read. It is in how it combines with the others.

A five-million limit, with one cover sub-limited to five hundred thousand euros and a ten per cent cap inside it, covers far less than it seems. A stepped deductible changes the indemnity depending on the sum insured. A territorial exclusion in an endorsement hollows out a cover that looked complete in the body of the policy.

These are interactions, and they sit in different documents: general conditions, special conditions, endorsements issued after signing. An engine that searches for keywords finds them all and does not connect them. When the claim comes, the loss adjuster connects them.

Keyword search

“supply guarantee” found in the text

The client is covered.

Insurance Lab, on the policy above

Supply guarantee: € 500,000. Value of a product that cannot be repaired: at most € 50,000. Deductible 10%, minimum € 50,000. Product Liability on a claims-made basis, no retroactive cover.

Covered, with limitations. Schedule · Product Liability section, art. 6

Three ways of reading a policy, compared
CriterionReading by handA generic AIInsurance Lab
What it looks at Wherever attention lands, that day The text you give it, summarised Every clause of the line’s catalogue, one by one
Endorsements and special conditions To be cross-checked by hand If you upload them and ask Read together with the body of the policy
What you are left holding The memory of having read An answer with no source The article quoted verbatim beside every finding
When it finds nothing You don’t know It may answer anyway It writes “not found”

When reading by hand is enough: a policy you know by heart, in a line you handle every day.

Three jobs, one reading standard

A structured process to assist contract review, phase by phase.

01 · Reading

Structured reading of the documents

The system processes the policy text to identify the key data, including changes made after the contract was issued.

  • Limits, sub-limits and deductibles
  • Critical or limiting clauses
  • Territorial and subject-matter exclusions
Policy · extraction34 clauses
Product Liability limit€ 5,000,000
Supply guarantee sub-limit€ 500,000
Deductible on supply10% · min € 50,000
Retroactive cover, Product Liabilitynone

Source of the finding Schedule; Product Liability section, art. 6.

02 · Comparison

Comparing policies and quotes

Comparison tables between the in-force policy, renewal and quotes, to highlight changes in wording and coverage updates.

  • Variances in sums, limits and deductibles
  • Economic terms
  • Clause by clause
Comparison · in force and renewal3 variances
Product Liability limit€ 5,000,000 becomes € 3,000,000
Minimum deductible, supply€ 50,000 becomes € 75,000
Extended reporting period12 months becomes 6 months

Where the difference sits Renewal endorsement, not referenced in the schedule.

Example: hypothetical renewal of the same policy

03 · Claim

Checking that the cover responds

Support in claim handling, cross-referencing the notice data with the contract text.

  • Validity of cover in time
  • Theoretical amount net of deductibles
  • Notification deadlines, time bars and critical points
Claim · coverage checkcover in force
Estimated loss€ 80,000
Deductible 10%, minimum € 10,000− € 10,000
Theoretical net indemnity€ 70,000

Time alert Notification within 3 days of becoming aware of the claim (Product Liability section).

Example: hypothetical claim on the same policy

And also clause analysis, draft review, tender specifications, surety bonds, economic analysis, company dossier, professional communications, chat on the documents.

Eighteen lines, each with its own catalogue

A line-of-business catalogue is not a keyword list: it is the set of clauses that decide, in that line, whether the claim gets paid, together with the criteria to judge them. It is built one line at a time, which is why there are eighteen and not one.

  1. General Liability34
  2. Professional Indemnity24
  3. Environmental Liability20
  4. Motor TPL21
  5. D&O22
  6. Fire25
  7. Nat Cat16
  8. Cyber Risk24
  9. Transport22
  10. CAR + Decennial21
  11. Home25
  12. Multi-line27
  13. Legal Expenses18
  14. Surety Bonds13
  15. Personal Accident6
  16. Medical Expenses22
  17. Assistance21
  18. Life23

Clauses per catalogue. 384 in all.

What a report looks like

This is a real report, not a screenshot: read it in full. Policyholder, insurer, intermediary and policy number are masked with the platform’s masking tools; the structure, the analysis and the citations are what your client receives. The report is in Italian, as issued.

report-esempio.html Open it full page
Open the report full page

Real report — General Liability: third parties, employees, products. Policyholder, insurer, intermediary and policy number masked.

What changes in your work

Three things. None of them is “faster”.

Liability

The finding you would have missed

Exclusions and sub-limits surface before signing. It is the part of the job where a mistake does not show up straight away: it shows up when the claim comes, and the client asks why you never mentioned it.

Evidence

A defensible position

Every conclusion in the report cites the article it comes from. If the client challenges it, or their lawyer does, you have the text in front of you instead of a recollection.

Negotiation

The negotiation stops being about premium

A clause-by-clause comparison moves the conversation to where you win it. The competitor brings a quote; you bring the reason that quote costs less.

Maurizio Molinari
Maurizio Molinari · section B of the RUI, no. B000252003

I built it because I needed it

For twenty-five years I read policies the way you do: general conditions on the desk, special conditions alongside, endorsements to cross-check by hand. And every time the same feeling at the end, that something might have slipped past me. Not through carelessness: an insurance contract is not written to be read quickly.

Section B means I answer to the client, not to the insurer. It is the same place you are in, and it is why this tool does what it does rather than what would suit an insurer.

  • Section B of the RUI, no. B000252003 — verifiable on the IVASS register
  • Twenty-five years on complex Corporate and SME portfolios
  • Engineering degree, master’s in Risk Engineering

Insurance Lab does the mechanical part of the job: it opens the three documents together, finds the clause, checks whether an endorsement changed it, and puts the exact text in front of you. What to make of it stays yours: it is the reason the client pays you and not a piece of software.

Maurizio Molinari

Your clients’ documents, under your control

The policies you upload contain your clients’ data. Processing is built so that the choice of what to share stays with you.

Privacy notice and sub-processors · Terms of service (in Italian)

Masking
You decide what to anonymise before processing, with the masking tools.
What stays
The original PDF is deleted once the text has been extracted. Extracted text, analyses and reports stay in your account, encrypted, until you delete them.
Where
Application, database and documents sit on servers in the European Union. The providers that run the models are listed in the privacy notice, with the place of processing.
Training
No model is trained on your documents: providers are contractually bound not to.
Who decides
The AI reads, extracts and compares: it does not decide. Every report is material the professional reviews and validates.

Credits, not commitments

Four monthly plans, with no annual commitment; each renews monthly until cancelled. Prices are shown for information: subscriptions are not taken out from this page.

Start

To try it on real work.

€49/month

+ VAT — € 59.78 incl. VAT

  • 4 policy analyses a month
  • 8 credits / month
  • 1 seat
Per analysis
€ 12.25 + VAT
Twelve months
€ 588 + VAT

Recommended

Professional

For the individual agent or broker. The cost per analysis is 39% lower than on Start.

€149/month

+ VAT — € 181.78 incl. VAT

  • 20 policy analyses a month
  • 40 credits / month
  • 1 seat
Per analysis
€ 7.45 + VAT
Twelve months
€ 1,788 + VAT

Firm

For the firm with three seats.

€449/month

+ VAT — € 547.78 incl. VAT

  • 70 policy analyses a month
  • 140 credits / month
  • 3 seats, shared credits
Per analysis
€ 6.41 + VAT
Twelve months
€ 5,388 + VAT

Company

For larger brokerage firms.

On request

Fee and allowance set in a quote

  • From 10 seats
  • Credit allowance sized to your usage

Subscriptions are not taken out from this page: plans are activated from the Italian page.

What each job costs

  • 2 credits Policy analysis
  • 5 credits Policy comparison
  • 3 credits Claim pre-analysis
  • 2 credits L3 clause analysis
  • 2 credits Draft review
  • 1 credit Professional communications
  • 1 credit Chat with attached documents

The rules, in plain words

  • Plan credits renew every month; unused ones roll over to the following month up to a quarter of the monthly allowance.
  • Top-ups bought separately feed the Prospect module and do not expire.
  • No annual commitment: the plan renews every month and can be cancelled at any time, effective at the end of the period; there are no refunds for part periods.
  • The included credits may be updated based on the costs of AI service providers, with sixty days’ notice and the right to withdraw without penalty within thirty days of that notice. If those costs fall, the credit allowance rises.

The questions everyone asks

Are my documents safe?

It is the first thing to ask. The PDF you upload is deleted once the text has been extracted; extracted text, analyses and reports stay in your account, encrypted, until you delete them. The application servers are in the European Union, the model providers are listed in the privacy notice and cannot use your content to train their models. Before processing you can mask sensitive data. Read the privacy notice (in Italian).

Can the AI get it wrong?

Yes. LLMs reason on a probabilistic basis: reducing the margin of error to zero is technically impossible. That is why every verdict in the report carries the citation it comes from: so the error, if there is one, is something you see rather than inherit. Review and decision remain yours. See how the citations look in the report.

How is this different from ChatGPT or a generic AI?

A generic model reads the text you give it and summarises. Here the policy is compared with a catalogue built for its line of business, 384 clauses across 18 lines, and every clause receives a reasoned verdict with its source. When a clause is not there, the report writes “not found”. The side-by-side comparison is here.

How much time does it really save me?

It depends on the file: a corporate policy with special conditions takes a morning to read, and the report takes you straight to the points that deserve your attention. The honest way to answer is to measure it on your own workflow, on the line you handle most and on a policy you already know by heart. The Start plan is for exactly that.

Can I try it without subscribing?

No. It is tried with the Start plan: € 49 plus VAT a month, four policy analyses, renewing monthly until cancelled. Plans are activated from the Italian page, not from this one; here you can read a full report and ask us whatever you need to know.

How does billing work?

A regular Italian invoice and card payment through Stripe. The fee is monthly, with no annual commitment: cancellation takes effect at the end of the current period. The full conditions are in the Terms (in Italian).

Are you ready for the AI Act?

Yes, and it is a question to put to anyone who offers you AI. Insurance Lab reads, extracts and compares documents: it takes no automated decisions about the client. Every output is support material the professional reviews and validates, and the human remains the only decision-maker.

The simplest way to evaluate it

Write to us with the line of business you handle most: we will reply with the details on the plans, the credits and what the report actually contains for that line. No policy to send, no client data involved.

Or write to [email protected].

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