In any fast-paced, high-volume industry, new business contracts can generate substantial revenue opportunities. However, they can also increase your liability risk if your contracts are not being properly reviewed. Your company can suffer severe financial consequences if litigation from risky contracts results in large payouts due to judicial awards.
HUB Contract Review is a user-friendly technology platform that can help reduce your contractual risk. Available 24-7, the platform uses artificial intelligence technology and human expertise to flag risks in any contract with insurance provisions to assist with insurance compliance.
Accelerate contract review so that you can respond to business opportunities faster
Simply upload your agreements and within minutes the AI-enabled technology identifies adverse and/or missing clauses, including:
Special and consequential damages
Cap on liability
Responsibility for deductibles
Waiver of subrogation
The platform provides guidance on potentially harmful clauses to reduce your contractual liability risk.
HUB Contract Review:
Reduces your contractual liability risk.
Helps you respond quickly to business opportunities through accelerated contract review.
Provides online technical and chat support.
Highlights clauses that may require review with lawyers.
Provides a review of commonly used and negotiated terms in non-disclosure agreements.
Reviews boilerplate or miscellaneous provisions for dispute resolution (such as, governing arbitration and governing law) and provisions related to administrative matters (such as, giving notices).
Provides access to HUB professionals on sifted contracts for expert help and support.
HUB Contract Review is available in all provinces except for Quebec.
Disclaimer: HUB Contract Review is provided by third parties that are not affiliated with HUB International Limited or any of its affiliates or service providers. Neither HUB International Limited or any of its affiliates or service providers provides legal, tax or similar advice.