All Lloyd's managing agents are responsible for ensuring that Lloyd's contract quality requirements are met when issuing insurance contracts. Lloyd's brokers also have an interest in ensuring their document preparation and placement processes support compliance requirements and reduce administration and claims costs
Contract confidence simplifies this process and creates time efficiencies for underwriters and brokers to focus on delivering a better service for clients and ensuring greater contract certainty.
Fast and accurate document comparison that shows you exactly where changes have been made from one version of a contract to the next.
We’ve made it easier for the market to review the insurance contracts they write and issue on a day-to-day basis.
Lloyd’s Contract Confidence has been built
with the market, for the market.
Backed by 250 hours of product development with underwriters and wording specialists, Contract Confidence significantly reduces the risk of regulatory fines, independent and peer review costs and unintended coverage and claims disputes