Lloyd's Contract Confidence
Review contracts with confidence. Developed specifically for the Lloyd's market to seamlessly check, compare and flag contract inconsistencies.
Register your interest
Register your interest and request a demo of the Lloyd's Contract Confidence tool below:
The Lloyd's Contract Confidence tool simplifies the process of ensuring Lloyd's contract quality requirements and minimum standards are met creating efficiencies for underwriters and brokers to focus on delivering a better service for their clients and ensuring greater contract certainty.
Some of the core capabilities of the the application are outlined below:
Quality Assurance Checking
Improve compliance efficiencies by running Lloyd's pre-bind quality assurance checks against contracts with key areas of interest displayed clearly in the result output.
Promote best practice with checks agains Lloyd's revamped Wordings Repository or managing agent approved clause libraries.
Risk Appetite Flagging
Create custom rules to flag documents / wordings that conflict with your own risk appetite or underwriting strategies.
Fast, automated checks to flag potential changes or errors in contracts, with an 80% reduction in false alerts compared to the market leading product.
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