Cluda is an AI-powered policy analysis platform for insurance brokers that automates the comparison of complex policy documents and generates renewal reports. The platform ingests schedules, highlights differences in deductibles, limits, and exclusions, and produces clause-referenced tables and branded reports on existing templates. Brokers can generate renewal reports in minutes, saving roughly two hours of manual drafting per report.
Funding
Funding not disclosed
Founders
Product
Problem
Insurance brokers spend significant time manually comparing complex policy schedules, identifying coverage differences, and drafting renewal reports. This labor-intensive process is prone to human error, creates exposure to errors and omissions (E&O) claims, and limits brokers' capacity to focus on client strategy and new business.
Solution
Cluda is an intelligent policy analysis platform that automates the heavy lifting of document analysis and report drafting for insurance brokers. The platform ingests policy documents and instantly highlights differences in deductibles, limits, and exclusions, presenting findings in clause-referenced tables that allow brokers to validate coverage across multiple insurers. Cluda generates comprehensive renewal reports directly onto the firm's existing templates, delivering accurate, branded, and clause-specific reports to clients in minutes rather than hours. The platform also provides an audit trail of policy clauses analyzed, helping brokers eliminate E&O exposure and scale their book of business without scaling paperwork.
Target Audience
Primary customers are insurance brokerages and broking teams that handle commercial policy renewals and need to analyze complex wordings, draft renewal reports, and reduce manual administrative workload.
Features
- Automated ingestion and comparison of complex policy schedules with instant identification of variations in deductibles, limits, and exclusions
- Clause-referenced tables that map coverage differences to specific policy language for precise validation across insurers
- One-click renewal report generation on the firm's existing branded templates, eliminating manual data copying from schedules into Word documents
- Audit trail functionality that tracks all policy clauses analyzed for E&O risk mitigation
- Renewal comparison analysis showing variations found between current and renewal quotes, with memo and client/broker views