Insurance
Insurance Contract Management Software
The contract intelligence platform built for insurance to manage contracts, maximize profitability, and streamline compliance. Contract Logix turns the commission schedules, ceding commissions, retention tables, and delegated-authority terms buried in your reinsurance, distribution, and vendor agreements into operational data your teams can act on.
The problem we solve
Insurance runs on delegation, and the contract is the primary control over money and risk that other parties handle on the carrier’s behalf. The economics and the compliance obligations are the same data: commission schedules, ceding commissions, retention tables, and delegated-authority limits.
Commission and override schedule tracking
Producer agreements carry tiered base, override, and contingent schedules that vary by line, state, and volume, so when they sit in scattered PDFs, finance reconciles payouts by hand and overpays or underpays.
Delegated authority oversight
Carriers grant MGAs, MGUs, and TPAs binding and claims authority within specific limits, territories, and thresholds, and without a live view of those limits and expirations a carrier can be bound outside authority or find claims handled outside guidelines.
Treaty terms and contingent commissions
Retentions, limits, attachment points, ceding commissions, and reinstatement provisions determine recoveries, and contingent and profit-share tiers depend on year-end measures, so buried tables make recoveries and accruals hard to forecast.
Vendor data security and renewals
NAIC and NYDFS rules require oversight of third-party service providers, and treaties, authorities, and appointments run on anniversary dates, so missing addenda or renewals create exam findings and coverage gaps.
From contract pain to contract intelligence
Manage the contract lifecycle
A secure repository on Microsoft Azure with no-code workflow automation, parallel approval routing, role-based security, and a 6-year audit trail, plus Contract Binders that link a treaty to its endorsements, an MGA master to its program addenda, and a producer master to its commission-schedule amendments.
Maximize profitability
The Contract Intelligence Engine extracts the financial terms locked inside insurance agreements, from commission and override schedules and ceding commissions to retention and limit tables, contingent and profit-share tiers, and fronting fees, and puts them to work as operational data finance and distribution can act on.
Streamline compliance
Required terms, approvals, and certifications are enforced in the workflow, so delegated-authority limits, data-security addenda, and audit rights stay evidenced for market conduct and cyber exams. Configurable dashboards surface authority expirations and addenda coverage across the portfolio.
Review contracts in minutes
Contract Logix Review delivers first-pass redlines in minutes, inside Microsoft Word and Google Docs, applying the organization’s own standards for delegated-authority limits, data-security addenda, audit rights, and termination provisions.
Built for every insurance agreement type
- Reinsurance treaties and facultative certificates. Quota-share and excess-of-loss treaties with retentions, limits, attachment points, ceding commissions, and reinstatement terms, plus single-risk facultative placements.
- MGA and MGU delegated authority agreements. Binding authority within stated limits, territories, and lines, with mandatory terms, audit rights, and premium-trust provisions.
- Producer, agent, and broker agreements. Base commission schedules, new-business overrides, and contingent and profit-sharing plans that vary by line, state, and volume.
- TPA and claims adjusting agreements. Claims-administration master agreements with service levels, audit rights, and the obligations delegated parties must meet.
- Carrier-vendor and core-system agreements. Policy administration, claims, and rating platform contracts, with the data-security addenda that NAIC and NYDFS oversight requires.
Who it serves
General Counsel / Chief Legal Officer
Governs the portfolio and proves exam readiness from a single source of truth for obligations and authority terms. An economic buyer.
Chief Compliance Officer
Monitors vendor data-security addenda coverage and delegated-authority limits on demand for market conduct outcomes. An economic buyer.
Head of Reinsurance
Tracks retention, limit, and ceding-commission terms against claims using line-item extraction, instead of hunting through treaties and endorsements. A primary user.
VP Distribution / Agency Management
Controls payouts with a commission-liability view across tiered base, override, and contingent schedules. A primary user.
Chief Financial Officer
Feeds accruals and solvency inputs with structured contingent- and ceding-commission exposure.
Chief Procurement / Vendor Management Officer
Closes gaps before exams by seeing which vendor contracts carry current security addenda.
What sets Contract Logix apart
- Line-item extraction of insurance financial terms: commission and override schedules, ceding commissions, retention and limit tables, contingent and profit-share tiers, and fronting fees.
- Contract Binders model treaty-to-endorsement, MGA-master-to-program-addenda, and producer-master-to-schedule-amendment relationships.
- A 6-year audit trail and role-based access aligned to market conduct exam and data-security oversight requirements.
- AI redlining against each carrier’s, MGA’s, or reinsurer’s own positions on delegated authority, data security, and audit rights.
- Hosted on Microsoft Azure (SOC 2 Type II, HIPAA, FISMA), with configurable fields and playbooks and professional services offered alongside.
- Honest scope: Contract Logix is configurable for insurance rather than pre-loaded with insurance-specific templates; its named pre-built vertical content is healthcare.
Proven at scale
More than 60,000 professionals across hundreds of organizations run their contract operations on Contract Logix, across insurance, financial services, healthcare, and other regulated industries. Contract Logix has built purpose-made contract software since 2013, out of Carnegie Mellon University.
Enterprise-grade security on Microsoft Azure
Microsoft Azure hosting, SOC 2 Type II, HIPAA, and FISMA compliance, AES-256 encryption, role-based access, and a 6-year audit trail that supports market conduct and cybersecurity exam readiness. See Security & trust for the full specification.
Insurance contract management: a complete guide
The insurance market runs on delegation: carriers cede risk to reinsurers and delegate underwriting and claims to MGAs, MGUs, and TPAs. The contract is the primary control over the money and risk other parties handle on the carrier’s behalf. This guide explains why insurance contract management matters and the practices that keep commissions, authority, and treaty terms under control.
What is insurance contract management?
Insurance contract management applies contract lifecycle management to reinsurance treaties, delegated-authority agreements, producer and broker contracts, TPA agreements, and carrier-vendor agreements. It covers negotiating and executing terms, then monitoring and enforcing the financial and regulatory obligations those agreements create.
What makes it distinct is that commercial terms and regulatory obligations are the same data. Commission schedules, ceding commissions, and retention tables drive the economics, while delegated-authority limits, claims-handling standards, and data-security addenda drive compliance.
Why it is critical
State Departments of Insurance and the NAIC model laws, along with NYDFS Part 500, expect carriers to oversee delegated parties and third-party service providers and to document producer compensation. Market conduct exams test those controls directly.
When commission schedules, authority limits, and treaty terms sit in scattered PDFs, payouts are reconciled by hand, recoveries are missed, contingent accruals are hard to forecast, and a carrier can be bound to risks outside authority before anyone notices.
Insurance CLM best practices
- Centralize reinsurance, distribution, claims, and vendor agreements in one searchable system of record.
- Track delegated-authority limits, territories, and expirations so binding and claims authority never lapses unseen.
- Structure retention, limit, and ceding-commission terms so recoveries are tracked against claims.
- Confirm which vendor contracts carry current data-security addenda and breach-notification terms.
- Extract the line-item data inside contracts, from commission and override schedules to contingent tiers, so finance can control payouts and forecast accruals.
- Watch treaty, authority, and producer-appointment anniversaries so renewals and licensing windows are not missed.
What to look for in insurance CLM software
- Line-item extraction with fields you define and reprocess as requirements change.
- Parent-child modeling for treaty-to-endorsement, MGA-master-to-program-addenda, and producer-master-to-schedule relationships.
- Configurable dashboards for commission liability, delegated-authority expirations, treaty retention, and vendor data-security coverage.
- A no-code workflow designer with parallel approval routing across distribution, reinsurance, and procurement.
- AI-assisted review against your own positions on authority limits, data security, and audit rights.
- Enterprise security and a long audit trail, hosted on Microsoft Azure.
- Integration with the policy administration, claims, and finance systems you already run.
How Contract Logix helps
Contract Logix gives insurance teams a configurable platform to centralize agreements, extract their line-item terms, and apply playbook-driven first-pass review, on infrastructure certified to SOC 2 Type II, HIPAA, and FISMA. Obligation-centric dashboards give distribution, reinsurance, and compliance forward visibility, and professional services help architect insurance playbooks and migrate data.
Frequently asked questions
- What makes insurance contract management different?
- In insurance, commercial terms and regulatory obligations are the same data: commission and ceding schedules drive the economics, while delegated-authority limits, claims-handling standards, and data-security addenda drive compliance. Insurance contract management captures those terms as structured data and keeps treaty, MGA, and producer parent-child relationships explicit.
- How does it help track commissions and contingent compensation?
- Tiered base, override, and contingent commission schedules are captured as structured data and aggregated on a commission-liability dashboard, so distribution and finance control payouts and forecast contingent and profit-share accruals before payments come due.
- Can it oversee delegated authority?
- Yes. Binding and claims authority limits, territories, and expirations from MGA, MGU, and TPA agreements are tracked on a delegated-authority dashboard, so a carrier sees when authority is approaching its limit or expiration. This is general information, not legal or regulatory advice.
- How does it handle reinsurance treaties?
- Contract Binders link a treaty to its endorsements, and the Contract Intelligence Engine extracts retentions, limits, attachment points, and ceding commissions, so reinsurance teams track treaty terms against claims and surface recoveries.
- Does it help with vendor data-security compliance?
- Yes. A vendor data-security dashboard shows which contracts carry current security addenda and breach-notification terms and which are missing them, so gaps close before a market conduct or cybersecurity exam.
- Is it secure and audit-ready?
- Contract Logix runs on Microsoft Azure and is SOC 2 Type II, HIPAA, and FISMA compliant, with role-based access and a 6-year audit trail that supports market conduct and cybersecurity exam readiness.
