AI Market Reform Contract analysis
AI Market Reform Contract analysis
Extract key data from MRCs in seconds
Extract key data from MRCs in seconds
Process Market Reform Contracts 10x faster with AI that understands insurance context and adapts to any MRC format.
What is it
What is it
Syndicated Risk Placement
The Market Reform Contract (MRC) is a standardized document used in the London market to place complex syndicated risks. It contains all critical information for underwriters.
How is it solved today?
Teams manually key data from varied MRC formats into policy systems. This bottleneck creates errors limits growth and delays risk assessment.
How is it solved today?
Teams manually key data from varied MRC formats into policy systems. This bottleneck creates errors limits growth and delays risk assessment.
How is it solved today?
Teams manually key data from varied MRC formats into policy systems. This bottleneck creates errors limits growth and delays risk assessment.
Why V7 Go
V7 Go's agent is built for insurance. It understands any MRC format to automatically extract structured data with near-perfect accuracy so teams can assess risk faster.
Why V7 Go
V7 Go's agent is built for insurance. It understands any MRC format to automatically extract structured data with near-perfect accuracy so teams can assess risk faster.
Why V7 Go
V7 Go's agent is built for insurance. It understands any MRC format to automatically extract structured data with near-perfect accuracy so teams can assess risk faster.
Time comparison
Time comparison
Time comparison
Traditional way
4-6 hours
4-6 hours
With V7 Go agents
15 mins
15 mins
Average time saved
90%
90%
Why V7 Go
Process Market Reform Contracts (MRCs) and placing slips.
Extract risk details, liability limits, and premium information.
Workflow
Workflow
Import your files
Xchanging
,
Sequel
,
Placing Platform Limited (PPL)
Risk Details
Risk Details
Risk Details
Information
Information
Information
Security Details
Security Details
Security Details
Subscription Agreement
Subscription Agreement
Subscription Agreement
Fiscal and Regulatory
Fiscal and Regulatory
Fiscal and Regulatory
Broker Remuneration & Deductions
Broker Remuneration & Deductions
Broker Remuneration & Deductions
Insured name and address
Insured name and address
Insured name and address
Period of insurance
Period of insurance
Period of insurance
Interest insured
Interest insured
Interest insured
Limit of liability
Limit of liability
Limit of liability
Premium
Premium
Premium
Deductibles
Deductibles
Deductibles
Conditions and clauses
Conditions and clauses
Conditions and clauses
Broker details
Broker details
Broker details
Underwriter details
Underwriter details
Underwriter details
Risk exposure summary
Risk exposure summary
Risk exposure summary
Why V7 Go
Why V7 Go
High volume support
Process hundreds of MRCs simultaneously. Automatically classify insurance documents, extract key data, and validate information against expected ranges.
High volume support
Process hundreds of MRCs simultaneously. Automatically classify insurance documents, extract key data, and validate information against expected ranges.
High volume support
Process hundreds of MRCs simultaneously. Automatically classify insurance documents, extract key data, and validate information against expected ranges.
AI citations
Verify every extracted data point with highlighted source text. Validate values and flag exceptions for review. Maintain complete audit trails for compliance and quality assurance.
AI citations
Verify every extracted data point with highlighted source text. Validate values and flag exceptions for review. Maintain complete audit trails for compliance and quality assurance.
AI citations
Verify every extracted data point with highlighted source text. Validate values and flag exceptions for review. Maintain complete audit trails for compliance and quality assurance.
Table & graph analysis
Extract structured data from complex insurance tables automatically. Process coverage schedules, risk details, and security details while preserving document structure.
Table & graph analysis
Extract structured data from complex insurance tables automatically. Process coverage schedules, risk details, and security details while preserving document structure.
Table & graph analysis
Extract structured data from complex insurance tables automatically. Process coverage schedules, risk details, and security details while preserving document structure.
Permission levels
Meet Lloyd's and London Market standards for data protection. Protect sensitive insurance data with enterprise-grade security features.
Permission levels
Meet Lloyd's and London Market standards for data protection. Protect sensitive insurance data with enterprise-grade security features.
Permission levels
Meet Lloyd's and London Market standards for data protection. Protect sensitive insurance data with enterprise-grade security features.
Permission levels
Control access across underwriting teams with customizable user roles. Manage complex insurance operations with configurable views.
Permission levels
Control access across underwriting teams with customizable user roles. Manage complex insurance operations with configurable views.
Permission levels
Control access across underwriting teams with customizable user roles. Manage complex insurance operations with configurable views.
Easy integration
Connect V7 Go to your policy admin systems through API access. Implement in under a week with minimal configuration needed.
Easy integration
Connect V7 Go to your policy admin systems through API access. Implement in under a week with minimal configuration needed.
Easy integration
Connect V7 Go to your policy admin systems through API access. Implement in under a week with minimal configuration needed.
V7 Go
V7 Go
V7 Go
Streamline MRC processing
Streamline MRC processing
across insurance operations
Insurance teams struggle with processing high volumes of Market Reform Contracts (MRCs). Manual data entry creates bottlenecks, increases errors, and limits growth. Traditional IDP, OCR, and template-based solutions fail to handle varied MRC formats and complex data relationships. V7 Go solves these challenges with AI that understands insurance contexts, automatically classifies documents, and extracts structured data with the highest possible accuracy. This AI platform allows teams to process more MRCs and maintain accurate risk assessment.
Underwriting Teams
Process more submissions and maintain accurate risk assessment. Extract key data from MRCs automatically to speed up quote generation and policy issuance.
Underwriting Teams
Process more submissions and maintain accurate risk assessment. Extract key data from MRCs automatically to speed up quote generation and policy issuance.
Underwriting Teams
Process more submissions and maintain accurate risk assessment. Extract key data from MRCs automatically to speed up quote generation and policy issuance.
Brokers
Quickly analyze and compare MRCs from different insurers. Extract and standardize key terms to present clear options to clients.
Brokers
Quickly analyze and compare MRCs from different insurers. Extract and standardize key terms to present clear options to clients.
Brokers
Quickly analyze and compare MRCs from different insurers. Extract and standardize key terms to present clear options to clients.
Delegate MRC processing
Delegate MRC processing
to a specialized insurance agent
to a specialized insurance agent
High Volume Support
Process hundreds of Market Reform Contracts simultaneously extracting key data from any format or layout.
Table & Graph Analysis
Accurately extract structured data from complex insurance tables such as risk and security details.
More agents
Next steps
Standardize your MRC workflows with AI.
Let's talk
You’ll hear back in less than 24 hours
Next steps
Standardize your MRC workflows with AI.
Let's talk
Next steps
Standardize your MRC workflows with AI.
Let's talk
You’ll hear back in less than 24 hours
FAQ
FAQ
FAQ
Have questions?
Find answers.
How does V7 Go handle different MRC formats?
V7 Go uses layout-agnostic AI that adapts to any MRC format. Whether processing standardized London Market MRCs or varied formats from other markets, our AI extracts data accurately without requiring template configuration.
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How does V7 Go handle different MRC formats?
V7 Go uses layout-agnostic AI that adapts to any MRC format. Whether processing standardized London Market MRCs or varied formats from other markets, our AI extracts data accurately without requiring template configuration.
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How does V7 Go handle different MRC formats?
V7 Go uses layout-agnostic AI that adapts to any MRC format. Whether processing standardized London Market MRCs or varied formats from other markets, our AI extracts data accurately without requiring template configuration.
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What types of insurance documents can V7 Go process?
V7 Go processes all insurance documentation, including MRCs, slips, policies, endorsements, and claims documentation. The AI adapts to any document structure while maintaining consistent data extraction quality.
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What types of insurance documents can V7 Go process?
V7 Go processes all insurance documentation, including MRCs, slips, policies, endorsements, and claims documentation. The AI adapts to any document structure while maintaining consistent data extraction quality.
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What types of insurance documents can V7 Go process?
V7 Go processes all insurance documentation, including MRCs, slips, policies, endorsements, and claims documentation. The AI adapts to any document structure while maintaining consistent data extraction quality.
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How does V7 Go improve accuracy in MRC processing?
V7 Go achieves higher accuracy through AI that understands insurance context and document structure. The system validates values against expected ranges, flags outliers, and provides source citations for easy verification.
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How does V7 Go improve accuracy in MRC processing?
V7 Go achieves higher accuracy through AI that understands insurance context and document structure. The system validates values against expected ranges, flags outliers, and provides source citations for easy verification.
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How does V7 Go improve accuracy in MRC processing?
V7 Go achieves higher accuracy through AI that understands insurance context and document structure. The system validates values against expected ranges, flags outliers, and provides source citations for easy verification.
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Can V7 Go handle international MRCs and different languages?
Yes, V7 Go processes MRCs in multiple languages and from different markets. The system maintains high accuracy across different languages and international formatting conventions.
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Can V7 Go handle international MRCs and different languages?
Yes, V7 Go processes MRCs in multiple languages and from different markets. The system maintains high accuracy across different languages and international formatting conventions.
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Can V7 Go handle international MRCs and different languages?
Yes, V7 Go processes MRCs in multiple languages and from different markets. The system maintains high accuracy across different languages and international formatting conventions.
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How quickly can insurance teams implement V7 Go?
Most teams start processing MRCs with V7 Go in less than a week. The platform includes pre-built insurance workflow templates that are ready to use instantly. Adjustments can easily be made through an intuitive graphical interface.
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How quickly can insurance teams implement V7 Go?
Most teams start processing MRCs with V7 Go in less than a week. The platform includes pre-built insurance workflow templates that are ready to use instantly. Adjustments can easily be made through an intuitive graphical interface.
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How quickly can insurance teams implement V7 Go?
Most teams start processing MRCs with V7 Go in less than a week. The platform includes pre-built insurance workflow templates that are ready to use instantly. Adjustments can easily be made through an intuitive graphical interface.
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How does V7 Go integrate with existing insurance systems?
V7 Go offers flexible integration options, including REST API access, webhook support, or Zapier. It integrates seamlessly with popular insurance platforms and can be customized to fit your specific workflow requirements.
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How does V7 Go integrate with existing insurance systems?
V7 Go offers flexible integration options, including REST API access, webhook support, or Zapier. It integrates seamlessly with popular insurance platforms and can be customized to fit your specific workflow requirements.
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How does V7 Go integrate with existing insurance systems?
V7 Go offers flexible integration options, including REST API access, webhook support, or Zapier. It integrates seamlessly with popular insurance platforms and can be customized to fit your specific workflow requirements.
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