Frequently Asked Questions
What does LineSlip do?
LineSlip transforms complex insurance documents into clear, accurate, and actionable insurance intelligence. Using AI and insurance expertise, LineSlip extracts, validates, and analyzes policy data so risk teams can control and access it all in one place and make faster, more confident decisions.
How does LineSlip help risk managers day to day?
LineSlip not only eliminates manual policy review by automatically extracting and organizing insurance data from policies and binders but also gives risk managers the data they need to control the narrative and gain negotiation leverage. Using LineSlip, risk managers save time, reduce errors, and access reliable insights for renewals, budgeting, and stakeholder reporting.
Is LineSlip a Risk Management Information System (RMIS)?
No. LineSlip is not an RMIS. LineSlip complements RMIS platforms by automating policy data extraction and analysis, giving teams accurate insurance intelligence without manual data entry.
What types of insurance documents does LineSlip analyze?
LineSlip analyzes property and casualty insurance policies, binders, endorsements, and related coverage documents. It extracts key details such as limits, premiums, retentions, carriers, and coverage changes.
Can LineSlip identify changes between policy years?
Yes. LineSlip automatically detects and highlights differences between prior and current policy documents, including coverage changes, financial shifts, and endorsement updates.
How accurate is LineSlip’s data?
All data extracted by LineSlip is reviewed and validated by insurance professionals. This combination of AI and human oversight ensures high accuracy and reduces the risk of missed or misinterpreted coverage details.
How long does it take to get started with LineSlip?
Implementation typically takes 12–14 weeks, depending on program complexity and document volume. Once complete, teams can access their insurance intelligence instantly.
Does LineSlip replace brokers or advisors?
No. LineSlip supports stronger broker and advisor relationships by giving risk managers independent, accurate visibility into their insurance data, enabling more informed conversations and decisions.
Who uses LineSlip?
LineSlip is used by corporate risk managers, risk management teams, and insurance leaders managing complex insurance programs who need accurate insights without manual effort.
How do teams use LineSlip during renewals?
During renewals, teams use LineSlip to accurately quantify carrier relationships (increasing negotiation leverage), compare policies year over year, validate coverage accuracy, identify changes, and clearly communicate insights to internal stakeholders.
Can I view data by fiscal year instead of policy year?
Yes. LineSlip allows risk teams to analyze insurance data by policy year, fiscal year, calendar year, or custom date ranges.
How do I update data for mid-term policy changes?
Mid-term changes are reflected through updated policy and endorsement documentation, ensuring data remains accurate and current.
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