Overview
Once you’ve uploaded policies, Mulligan provides powerful AI-driven tools to compare and analyze them. Access these features from the Insurance Comparison page at the top of the policy interface.Available Tools
Quick Comparison
Instant side-by-side comparison of policy coverage
Export to Excel
Download comparison results for offline analysis
Unite Similar Items
Group equivalent coverage items across carriers
Wedge Finder
Identify coverage gaps and competitive advantages
Generate Proposal
Create professional, client-ready proposal documents
Chat with Policies
Ask questions across multiple policies at once
Quick Comparison
What It Does
Provides an instant, AI-powered side-by-side comparison of selected policies based on criteria you care about most.How to Use It
1
Select policies
Choose 2 or more policies from your uploaded policies list.
2
Click 'Quick Comparison'
Launch the comparison tool.
3
Review the results
The AI automatically extracts and compares:
- Coverage limits
- Deductibles
- Premiums/pricing
- Policy forms and endorsements
- Exclusions
- Key terms and conditions
4
Analyze differences
View results in a structured table format with differences highlighted.
What You’ll See
- Side-by-side breakdown of each policy
- Color-coded highlights showing differences
- Clear identification of which policy offers better coverage for each criterion
- Coverage amounts displayed with variances
Best For
- Quick client meetings where you need to show differences between incumbent and competitor policies
- Evaluating multiple carrier quotes
- Identifying which policy offers better coverage at a glance
Export to Excel
What It Does
Downloads your policy comparison as an Excel spreadsheet for offline analysis, sharing with clients, or integration into your own reporting systems.Best For
- Creating reports for clients
- Sharing analysis with team members
- Building presentations
- Keeping records for compliance purposes
- Further analysis in Excel with custom formulas
Unite Similar Items
What It Does
Automatically identifies and groups similar coverage items across different policies, even when they’re named differently or structured differently by various carriers.Why It’s Useful
Different carriers use different terminology and structure their policies differently. One carrier might call it “General Aggregate” while another says “Aggregate Limit.” Unite Similar Items uses AI to recognize these are the same coverage and group them together.How to Use It
1
Select multiple policies to compare
Works best with 2-4 policies from different carriers.
2
Click 'Unite Similar Items'
Launch the unification process.
3
Review unified comparison
The AI scans all policies and:
- Identifies equivalent coverage items across policies
- Groups them together in the comparison table
- Normalizes terminology for easier understanding
- Aligns similar exclusions and endorsements
4
View original names
Click the dropdown icon next to unified names to see the original names that were merged.
5
Toggle between views
Click “Unite Similar Items” again to toggle back to the original (non-unified) comparison.
Example Transformations
- “Bodily Injury Liability” + “BI Coverage” + “Bodily Injury” → Grouped as “Bodily Injury Liability”
- “Property Damage” + “PD Limit” → Grouped as “Property Damage Coverage”
- “General Aggregate Limit” + “Aggregate” → Grouped as “General Aggregate”
Best For
- Comparing policies from different carriers where terminology varies
- Ensuring apples-to-apples comparisons
- Making client presentations clearer and more professional
Wedge Finder
What It Does
Identifies coverage gaps, competitive advantages, and opportunities where one policy provides better protection than another - these are called “wedges.”Why It Matters
Wedges are your selling points. They show clients where their current policy falls short and why switching carriers (or adding coverage) makes sense. This tool automatically finds these opportunities.How to Use It
1
Select policies to compare
Typically compare incumbent vs. proposed/renewal policies.
2
Click 'Wedge Finder'
Launch the wedge analysis.
3
Review identified wedges
The AI analyzes both policies and identifies:
- Coverage gaps - Where one policy lacks coverage the other provides
- Limit differences - Where coverage amounts vary (higher or lower)
- Exclusion mismatches - Where one policy has fewer exclusions
- Additional benefits - Extra features or services in one policy
- Cost differences - Premium variances relative to coverage changes
4
Prioritize wedges
View results organized by wedge type and importance (High, Medium, Low priority).
What You’ll See
Each wedge is displayed as a wedge card containing:- Impact rating - High, Medium, or Low priority
- Description - What the wedge is and why it matters
- Recommendation - Suggested talking points for client conversations
- Dollar impact - If quantifiable (e.g., $1M higher aggregate limit)
Example Wedges Found
HIGH PRIORITY: Cyber Coverage Gap
HIGH PRIORITY: Cyber Coverage Gap
Wedge: Proposed policy includes Cyber Liability coverage ($1M limit) while incumbent has no cyber coverage.Why it matters: Without cyber coverage, client is exposed to data breach costs, business interruption, and regulatory fines.Talking point: “Your current policy doesn’t include cyber coverage. With the increasing risk of data breaches, this $1M cyber liability coverage in the new policy protects you from potentially devastating financial losses.”
MEDIUM PRIORITY: Lower Deductible
MEDIUM PRIORITY: Lower Deductible
Wedge: Proposed policy has lower Professional Liability deductible (10K).Why it matters: Lower out-of-pocket costs for each claim.Talking point: “The new policy cuts your deductible in half, from 5,000, reducing your out-of-pocket expense for each claim.”
HIGH PRIORITY: Terrorism Coverage
HIGH PRIORITY: Terrorism Coverage
Wedge: Incumbent policy excludes terrorism, proposed includes it at no additional cost.Why it matters: Terrorism exclusions leave clients unprotected for covered losses caused by terrorism acts.Talking point: “Your current policy excludes terrorism coverage. The new policy includes it at no extra cost, providing crucial protection in today’s environment.”
Best For
- Client presentations and renewal negotiations
- Demonstrating value of carrier changes
- Identifying cross-sell opportunities
- Building compelling proposals
Generate Proposal
What It Does
Creates a professional, client-ready proposal document from your policy comparison, complete with wedge analysis, coverage breakdowns, and recommendations.How to Use It
1
Complete your policy comparison
Upload and select policies you want to analyze (typically incumbent vs. proposed).
2
Click 'Generate Proposal'
Launch the proposal generation workflow.
3
Choose proposal options
Add custom notes: Include personalized recommendations or contextBranding:
- Default template - Use Mulligan’s standard proposal template
- Custom template - Upload a sample proposal with your business icons, logo, and layout to generate a custom template for future use
4
Click 'Generate'
AI creates a formatted proposal document based on your selections.
5
Review and download
Review the generated proposal, make any edits, and download as PDF. You can always revisit it later.
Customization Options
Once generated, you can:- Add/remove sections - Include only relevant information
- Edit AI-generated text - Customize language and tone
- Include/exclude specific coverage items - Focus on what matters most
- Adjust branding and styling - Enterprise feature for full customization
- Add custom disclaimers - Include legal language or terms
Creating Custom Templates
1
Upload a sample proposal
Provide a PDF of your existing proposal format with your logo, colors, and layout.
2
AI analyzes your styling
Mulligan extracts:
- Logo and brand elements
- Color scheme
- Layout structure
- Font choices
- Section organization
3
Save as template
Your custom template is saved for all future proposal generation.
4
Generate future proposals
All new proposals automatically use your custom styling and branding.
Best For
- Client meetings and presentations
- Renewal presentations
- New business pitches
- Email follow-ups
- Creating documentation for proposals that need formal review
Chat with Policies
What It Does
In addition to structured comparison tools, you can have natural conversations with multiple policies at once, asking questions across all selected policies simultaneously.How to Use Policy Chat
1
Select policies
Choose one or more policies from your uploaded list.
2
Click 'Chat with the Policies'
Expand the chat section (collapsible panel).
3
Ask questions in plain English
Examples:
- “What is the general liability limit in the Travelers policy?”
- “Are cyber incidents covered under any of these policies?”
- “Compare the deductibles for property damage across all three policies”
- “List all exclusions in the CNA policy”
- “What’s the aggregate limit for the current policy vs. the renewal?”
4
Review AI answers
Receive AI-powered answers with:
- Direct excerpts from the policies
- Page number references
- Comparisons when multiple policies are selected
- Plain-language explanations of complex terms
Best For
- Quick fact-checking during client calls
- Finding specific coverage details without reading entire policies
- Preparing for meetings
- Answering ad-hoc client questions
Best Practices for Policy Comparison
Use consistent naming
Use consistent naming
Name files clearly (e.g., “ABC_Company_GL_2024_Travelers.pdf”) for easy identification.
Upload complete policies
Upload complete policies
Include all pages, endorsements, and schedules for accurate comparisons.
Organize properly
Organize properly
Correct carrier/client/type selection helps with searching and comparisons.
Compare similar policies
Compare similar policies
Compare GL to GL, WC to WC - not mixed coverage types for best results.
Use Unite Similar Items first
Use Unite Similar Items first
Before manual analysis, let AI normalize terminology. Then toggle to see what it combined.
Run Wedge Finder before meetings
Run Wedge Finder before meetings
Know your talking points in advance for more confident client presentations.
Create custom templates
Create custom templates
Upload a sample proposal once to ensure all future proposals match your branding.
Export to Excel for complex analysis
Export to Excel for complex analysis
Use spreadsheets when you need to manipulate data further or create custom reports.
Ask specific questions in Chat
Ask specific questions in Chat
Detailed, specific questions yield better answers than vague queries.
Keep policies updated
Keep policies updated
Re-upload when endorsements or amendments are issued to maintain accuracy.
Limits and Recommendations
- Number of policies to compare: No hard limit, but we recommend no more than 4 at a time for best readability
- File format: Only PDFs are accepted
- Combined policies: Policy Chat is not available for combined policy types - select individual policy types instead
- Processing time: Large policies (100+ pages) may take 5-10 minutes to process fully
- Accuracy: AI extraction is highly accurate, but always review critical details manually before sending to clients
Credit Usage
Credits are only consumed when a policy is successfully processed.Using advanced policy tools does not consume any credits.