Automated Document Generation
Generate first-draft IPIDs and Policy Summaries directly from policy wording in minutes rather than days.
The challenge
Creating customer-facing documents from dense policy wording is slow, specialist work. Teams open Word, read through pages of legal text, and manually distil it into plain-English summaries for IPIDs and Policy Summaries.
Depending on the length of the wording and how many products you maintain, that work adds up fast. It is easy to miss an exclusion, misstate a benefit, or produce a summary that does not match the source document. Existing Target Market Statements and Fair Value Assessment Outcomes often sit in legacy formats, scattered across drives and old templates, and painful to bring into a managed system.
Why it matters
Insurers must produce accurate disclosure documents quickly to stay competitive and compliant. Delays in document production delay product launches. Errors in manually drafted summaries create conduct risk and erode customer trust.
The FCA expects clear, consistent consumer information. Spending weeks on first drafts, then weeks more on rework, is not a sustainable way to run a modern insurance operation.
How Ultradoc helps
Ultradoc’s AI-powered generator turns source material into structured, compliant drafts:
- Generate IPID and Policy Summary/Key Facts content directly from your policy wording documents
- Import existing TMS and FAVO documents to onboard legacy content into Ultradoc quickly
- Template-aware output that follows regulatory layout requirements out of the box
- Draft structure in place so reviewers are checking accuracy, not building sections from scratch
You are not replacing expert judgment. A human still has to confirm they are happy to sign off the content, but your team starts from a structured draft instead of a blank page.
The efficiency gain
First drafts that took days can be ready in minutes. Teams spend their time on accuracy and sign-off, which is the work that actually requires insurance expertise.
Legacy documents can move into a managed system without a manual re-keying project. Product teams launch faster and compliance teams review sooner.