Lloyd's Contract Confidence — The Standard for Contract Quality Assurance
Endorsed by Lloyd's of London. Purpose-built to eliminate contract errors, ensure compliance, and accelerate approvals across the Lloyd's and London insurance market.
Or call us: 0207 947 4041
Five modules. One platform. Complete contract assurance.
Each module addresses a critical aspect of contract quality — from document comparison and quality assurance through to clauses, risk appetite, and emerging market issues.
Rapidly Identify Variations Between Contract Versions
Need to know exactly what changes have been made from one version of an insurance contract to the next — even if they are in different document file formats? LCC's Document Comparison module highlights every addition, deletion, and modification between contract versions or renewals, giving your team instant visibility into what has changed. No more manual side-by-side checks or risk of missed amendments buried deep in lengthy contract documents.
See Document Comparison in action95%
reduction in time spent identifying contract changes compared to manual review
Pre-Bind Quality Assurance Checks
Run Lloyd's pre-bind quality assurance checks on any contract you need to validate. The Quality Assurance module performs market and class of business checks, identifying which checks were successful with a simple RAG indicator and a descriptive message. Catch compliance gaps, missing fields, and structural issues before contracts reach the market — giving your team confidence that every contract meets the standards expected by Lloyd's.
See Quality Assurance in action100%
of Lloyd's PBQA checks automated with clear RAG status indicators
Comparison Against the Lloyd's Wordings Repository
Using Lloyd's Wordings is best practice. The Clauses & Wordings module lets you easily and automatically check your contracts against model wordings from the LMA and Lloyd's Wordings Repository — and add your own clause libraries for even greater consistency. Identify deviations from standard wordings, flag non-standard clauses, and ensure your contracts align with market best practice across every class of business.
See Clauses & Wordings in actionLMA & LWR
automatic comparison against Lloyd's model wordings plus your own clause libraries
Ensure Contracts Adhere to Your Risk Appetite Framework
Only you know the risks you will accept. The Risk Appetite module features a drag-and-drop rules builder that gives you similar power to the PBQA checks, letting you build your own analysis engine to assess contracts for suitability and risk level. Easily ensure contracts adhere to your risk appetite framework or underwriting controls — flagging contracts that fall outside your defined parameters before they are bound.
See Risk Appetite in actionCustom
drag-and-drop rules builder to define your own risk appetite checks and controls
Stay Ahead of Emerging Market Issues
The insurance market moves fast, and emerging risks and regulatory changes can affect contract quality overnight. The Hot Topics module keeps your contract checking aligned with the issues that matter right now — from sanctions and exclusion clauses to evolving regulatory expectations and market bulletins. When Lloyd's or the market raises a new concern, Hot Topics lets you immediately check your contract book against it, ensuring your portfolio stays compliant and current.
See Hot Topics in actionReal-time
check your contract against the latest market issues, sanctions, and regulatory changes
Why Lloyd's participants choose LCC
Built for the specific demands of the Lloyd's and London insurance market.
Eliminates Contract Errors
Automated checking catches inconsistencies, missing clauses, and compliance gaps that manual review misses. Up to 95% error reduction.
Ensures Regulatory Compliance
Every contract validated against Lloyd's standards and regulatory requirements. Complete audit trail documentation for every decision.
Accelerates Approvals
Automated review and structured workflows mean contracts move through approval faster. Close deals quicker without compromising quality.
Coverholder Oversight
Managing agents get systematic oversight of coverholder and DCA contracts — the delegated authority assurance that Lloyd's requires.
Management Reporting
Real-time dashboards track contract quality, review performance, and compliance trends. Generate reports for stakeholders and Lloyd's.
Cloud-Based Platform
No installation required. Access LCC from any browser, anywhere. Hosted securely with enterprise-grade infrastructure and availability.
Our professionals are familiar with all classes of business and methods of placement and have been providing PBQA services to the market since 2007. We are currently utilising the LCC Tool for a number of our Lloyd's syndicate clients to perform PBQA checks. Our team have found the system comprehensive, user friendly, reliable and the integrated OCR technology helps us to identify fails. The results can be downloaded as both Excel and PDF's assisting us with reporting and returning results to our clients. We have an excellent collaborative working relationship with the Imagefast team, they are professional, responsive, willing to listen to our ideas and have implemented some of our enhancing suggestions.
Polo Commercial Insurance Services Limited
PBQA Services — Lloyd's Market
Who uses Lloyd's Contract Confidence
LCC serves every participant in the Lloyd's contract chain.
Managing Agents
Validate contracts, audit coverholders, ensure market compliance, and generate management reports across your portfolio.
Insurance solutionsBrokers
Check contract quality before submission, reduce rejection rates, and accelerate placement with pre-validated documentation.
Insurance solutionsCoverholders & DCAs
Ensure binding authority contracts meet the terms of your binder agreement and demonstrate compliance to managing agents.
Insurance solutionsFrequently asked questions
What is Lloyd's Contract Confidence?
Lloyd's Contract Confidence (LCC) is a contract quality assurance platform endorsed by Lloyd's of London. It provides automated contract checking, peer review workflows, coverholder auditing, MRC compliance validation, and reporting for the Lloyd's and London insurance market.
Who uses Lloyd's Contract Confidence?
LCC is used by managing agents, brokers, coverholders, and DCAs operating in the Lloyd's and London insurance market. It is endorsed by Lloyd's of London as the standard for contract quality assurance.
How does LCC integrate with existing systems?
LCC is a cloud-based platform accessible via any modern browser. It integrates with existing document management systems and can connect to market platforms. No on-premise installation is required.
How long does it take to get started with LCC?
Most organisations are onboarded and running within weeks. We handle configuration, user setup, and training. Your team can start checking contracts immediately after setup is complete.
See Lloyd's Contract Confidence in Action
Request a personalised demo with our team. We'll show you how LCC can reduce contract errors, improve compliance, and accelerate approvals for your organisation.
Or call us directly: 0207 947 4041
