Why Contract Checker?
Designed for use by brokers, MGAs and insurers for validating contracts or processes against business rules for adherence with internal or external compliance.
Data validation for submitting a correct CDR
Ruleset for the CDR is contained within the Contract Checker engine API and can be connected to either heedlessly or via a purpose-built UI. Users can view and correct errors prior to submitting a CDR to the new market portals, thereby ensuring compliance and avoiding failed submissions.
Data validation for the MRC v3
The new MRC v3 captures ~70% of the data required for a CDR. The ruleset for the MRC v3 is also contained within the Contract Checker engine to ensure data is defined and captured correctly.
Build your own business rules
Develop and implement business rules for internal compliance to ensure users adhere to them before proceeding with other tasks.
Purpose built low-code UI
Morning Data have purpose built a UI via the EOS low-code application to display the outputs of the validated contract via an uploaded JSON file, thereby allowing users visibility of incorrect data entries.
Integration capabilities
Integrate into current business processes with our guidance. Plug into existing systems using the Contract Checker API.
- Building and testing new processes
Contract Checker can be used as a development/testing tool for building new processes before implementing and scaling them across different areas of the business.
Benefits to you
Ability to trade compliantly with minimal business impact
Ensure compliance with internal process
Reduce errors
Remove operational headaches
Take control of Blueprint two
Which markets can Contract Checker support?
Contract Checker is a unique system which caters for a wide range of companies throughout the insurance industry. These companies include:
- Lloyd’s of London members
- IUA members
- LIIBA members
- Specialty
- Reinsurance
- Takaful
- General commercial insurance operations
- Delegated Authority
