Insurance

Problem

Upon studying various insurance cases and after speaking to industry experts, it’s certain that litigation is one of the biggest challenges for an insurance company. One of the major factors to increase in these cases is litigation against insurance companies over its failure to pay claims.

Furthermore, tracking legal expenses, updates, and storing an immense amount of documentation adds up to the already over-burdened in-house counsels.

Solution

TLC’s Contract Lifecycle Management (CLM) Software is a technology driven legal solution which eases your efforts to create, collaborate, negotiate, e-sign, store and manage agreements and forms on a single platform, 2 sided review feature to Get your documents reviewed by our legal team.

Our software can automate Legal, Human Resources, Accounting, Procurement Department and any other related department of your company. This helps in keeping track of a large number of contracts and ease out the difficulty in keeping up with information about each contract, their renewal dates etc. This not only helps in saving time but ensures timely and accurate reports for updates to the regulatory authority.