Insurance broker HUB International announced the launch of HUB Contract Review, which according to our intel is powered by LegalSifter , a contracts-focused software and service company from Pittsburgh.
The self-service technology platform leverages AI and human expertise, according to the PR, to help clients effectively manage the contract review process, and identify and reduce contractual risks.
“We are committed to not just protecting our clients from contract risks and exposures, but also facilitating proper contract review protocols to quickly and efficiently respond to new business opportunities that affect every industry HUB serves. The value of reducing risk and conversely the potential financial consequence of litigation can have a large impact for any organization.” – Chris Treanor, HUB President of Programs & Specialties.
Bottom Line: It will cost you.