MagicTerms
A solution for managing
fundamental insurance documents
A solution for the efficient revisions and updates of fundamental insurance product documents, including policies, valuation templates,
and operational procedure guides.
-
Automated creation of table of contents
-
Automated document error verification
-
Document search and batch update
-
Automated comparison of edited documents
-
Automated creation of comparison tables
-
Personalized policy terms for each customer
Automated Document Parsing
Automatically recognize policy and coverage information to be matched and loaded to a database, extracting and managing various information automatically without user input.
Key Features
Automatically parse all document information down to the word level,
enabling document structure analysis, syntax error detection, version-specific document management and comparison, and automated search and editing.
-
-
Document search and batch update
- Search documents and batch-update any modifications (custom changes to document format/fonts)
-
-
-
Document editing and error verification
- Real-time automatic verification of errors and reference information (verification of text and reference consistency)
-
-
-
Document data extraction and merging
- Extract and edit specific clauses from different documents to be merged into a single document
-
-
-
Automated comparison of edited documents
- Automatically compare pre/post-change content via indexing of edited documents
-
-
-
Automated creation of comparison tables
- Automatically create comparison tables of only the changed sections, clauses, and items after document editing
-
-
-
Personalized policies for each customer
- Create custom policies including only the specific riders of each customer from integrated policies (optional)
-
Benefits
-
Productivity improvementQuick and efficient work processing through digitization and automation of fundamental documents
-
Integrated managementCentral server-based integrated management of document history, change history, security, etc.
-
Information
sharingSmooth and accurate sharing
of the latest revised and/or updated documents between related departments -
Cost
reductionSimplification of verification personnel and procedures through digitization of manual document tasks
Functions
-
01
Automatic changes
Automatically align policy editing (hierarchy of clauses, items, sub-items, etc.)
Batch change specific content in documents
Automatically compare pre/post-change information after document editing
Automatically generate comparison tables of pre/post-changes
Automatic document styling (format and font for each document)
-
02
Document search
Create search index upon document file saving
Search keywords per product in documents
Search keywords by document type and clause
-
03
Document editing
Check for erroneous information during document editing
Reference information for verification
Save and manage different document versions
-
04
Document management
File explorer functionality
Manage document file registration and history per product
Easy data backup and replication
-
05
Product management
Manage library of policies, riders, etc.
Manage product revision/update relationships
Templates of fundamental documents used in products
