USE CASE - INSURANCE AND REINSURANCE
Insurance and reinsurance
One governing wording, resolved from years of endorsements, instead of a reconstruction done under pressure when a claim is already disputed.
THE PAIN
Which wording actually governs
A policy in force is the product of years of endorsements, riders, and amendments, and the question of which wording governs a live claim is usually answered by someone reconstructing the stack under pressure. Reinsurance adds a second layer, because the treaty wording must line up with the policies it reinsures, and often does not.
What a head of wordings fears is paying a claim the wording did not oblige, refusing one it did, and telling a regulator the contractual position and being wrong.
THE PREVENTION
Open with CD Truth, scale into CD Ask and CD Playbook
CD Truth resolves the endorsement stack in one current position, the purest consolidation problem on the map. CD Ask serves claims and underwriting teams with a fast answer. CD Playbook compares wording across policies and treaties. Once live, CD Compliance evidences solvency and regulatory standing continuously.
The consolidated database. What you actually have, and whether it holds together.
Your own contracts compared against each other, then future drafts screened against the result.
ACROSS THE BUSINESS
One governing wording, everyone working from it
The head of wordings or contract wording team gets one governing wording instead of a reconstruction under pressure. The claims director and chief underwriting officer pay and underwrite against what is actually in force. Regulatory and insolvency teams get the current position once CD compliance is live.
