BUSINESS CONTRACT
REVIEW & ANALYSIS
It’s our job to make sure that your company’s assets are contractually protected.
Many corporations fail to understand that contracts are legal agreements that involve the transfer or assumption of risk and liabilities, therefore they inherently have insurance implications that must be reviewed in order to protect a company from legal action.
Binding agreements, such as purchase orders, leases, employment contracts, sales agreements, and warranties, can impose financial and legal consequences if either party breaches the terms. Contractual risk transfer clauses are one mechanism to manage these risks and consequences. But when this is not adequate, an organization’s insurance program can provide another layer of protection.
When conducted by a commercial insurance consultant, a business contract review and analysis ensures that your company’s contracts and insurance policies are in compliance.
What Is Business Contract Review & Analysis?
Business contract review and analysis evaluates contracts to identify insurance implications, risk transfer obligations, and potential liability exposure. The process ensures agreements align with commercial insurance coverage and protect company assets.
What Does Business Contract Review & Analysis Include?
We conduct exhaustive analysis, negotiation, and review of contracts and agreements involved in the transfer or assumption of risk.
A thorough analysis of vendor agreements, management agreements, non-disclosure agreements, leases, licensing agreements, and other types of contracts by an insurance professional identifies areas where your company may be vulnerable.
We will review your contracts and help you negotiate all agreements to properly manage your insurance implications and risk. This contract analysis will:
- Evaluate your commercial insurance policies for compliance with your contractual requirements
- Review the counterparty’s insurance documentation to verify compliance with its obligations
- Support and assist with the risk transfer and insurance aspects of contract negotiations
- Coordinate and prepare for commercial insurance carrier negotiations
Independent Contract Risk Oversight
MB Davis Group provides independent commercial insurance consulting and does not sell insurance policies. Our role is to ensure contracts properly align with insurance coverage and risk management strategy.
Frequently Asked Questions about Business Contract Review & Analysis
What is business contract review and analysis?
Business contract review and analysis evaluates contracts to identify insurance implications, risk transfer obligations, and potential liability exposure. The goal is to ensure agreements align with your insurance program and protect company assets.
Why is insurance important in business contracts?
Many contracts involve the transfer or assumption of risk and liabilities. Insurance provisions help manage these risks and ensure adequate protection if a dispute, claim, or breach occurs.
What types of contracts are typically reviewed?
Contracts commonly reviewed include vendor agreements, management agreements, non-disclosure agreements, leases, licensing agreements, purchase orders, employment contracts, and sales agreements.
What does business contract review and analysis include?
The process includes evaluating insurance policy compliance with contractual requirements, reviewing counterparty insurance documentation, supporting risk transfer negotiations, and coordinating with insurance carriers when needed.
How does contract review support risk management?
Contract review helps identify potential coverage gaps and ensures insurance obligations are clearly defined. This reduces exposure to unexpected liabilities and improves overall risk management strategy.
Is MB Davis Group independent from insurance carriers?
Yes. MB Davis Group provides independent commercial insurance consulting and does not sell insurance policies. The focus is objective analysis to help ensure contracts align with your company’s insurance strategy.
BUSINESS CONTRACT REVIEW & ANALYSIS
It’s our job to make sure that your company’s assets are contractually protected.
Many corporations fail to understand that contracts are legal agreements that involve the transfer or assumption of risk and liabilities, therefore they inherently have insurance implications that must be reviewed in order to protect a company from legal action.
Binding agreements, such as purchase orders, leases, employment contracts, sales agreements, and warranties, can impose financial and legal consequences if either party breaches the terms. Contractual risk transfer clauses are one mechanism to manage these risks and consequences. But when this is not adequate, an organization’s insurance program can provide another layer of protection.
When conducted by a commercial insurance consultant, a business contract review and analysis ensures that your company’s contracts and insurance policies are in compliance.
We conduct exhaustive analysis, negotiation, and review of contracts and agreements involved in the transfer or assumption of risk.
A thorough analysis of vendor agreements, management agreements, non-disclosure agreements, leases, licensing agreements, and other types of contracts by an insurance professional identifies areas where your company may be vulnerable.
We will review your contracts and help you negotiate all agreements to properly manage your insurance implications and risk. This contract analysis will:
- Evaluate your commercial insurance policies for compliance with your contractual requirements
- Review the counterparty’s insurance documentation to verify compliance with its obligations
- Support and assist with the risk transfer and insurance aspects of contract negotiations
- Coordinate and prepare for commercial insurance carrier negotiations
