5.6 KiB
Contract with Premier Adjusters Inc. for Claimllm
Terms
- Agreement Effective Date: This contract is effective as of February 15, 2025.
- Duration: This agreement will remain in effect for a term of 24 months, concluding on February 14, 2027.
- Subscription Type: Premier Adjusters Inc. agrees to subscribe to the Advanced Tier of Claimllm, at a cost of $9,500/month, totaling $228,000 for the duration of this contract.
- Claims Volume: Advanced Tier supports up to 25,000 claims annually. Current baseline estimate: 18,000 claims/year.
- Payment Terms: Payments are due on the 5th of each month via wire transfer. Late payments will incur a penalty of 1.8% per month.
- Performance Guarantees: Insurellm guarantees average FNOL-to-assignment time of less than 2 hours, and fraud detection accuracy of 85%+ on confirmed fraud cases.
- Termination Clause: Either party may terminate this agreement with 60 days' written notice. No early termination fees after 12 months.
Renewal
- Automatic Renewal: This agreement will automatically renew for an additional 24-month term unless either party provides written notice of non-renewal at least 60 days before expiration.
- Pricing Adjustments: Renewal pricing subject to annual CPI adjustment, maximum 7% increase.
- Tier Flexibility: Premier may move to Enterprise tier at renewal or annually with 45 days' notice and prorated adjustment.
Features
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Access to Advanced Tier Features: Premier Adjusters Inc. will have access to comprehensive claims automation:
- Intelligent FNOL Processing across all communication channels
- Automated Triage and Routing with ML-based severity assessment
- Computer Vision Damage Assessment with photo/video analysis and automated repair cost estimation
- Predictive Fraud Detection with network analysis and anomaly detection
- Smart Document Processing with OCR, NLP, and auto-extraction from medical records, police reports, and estimates
- Dynamic Reserve Setting with AI-powered predictive modeling
- Vendor Management Platform with automated assignment and performance tracking
- Payment Automation for approved claims with multi-party splitting
- Claimant Communication Hub with omnichannel messaging
- Advanced Analytics with predictive cycle time modeling and settlement optimization
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Computer Vision Capabilities:
- Automated vehicle damage assessment from photos (dents, scratches, structural damage)
- Property damage evaluation (roof, siding, interior damage)
- Severity scoring and repair cost estimation
- Parts identification and replacement recommendations
- Integration with estimating systems (CCC, Mitchell, Audatex)
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Fraud Analytics:
- Social network analysis to identify claim rings
- Geospatial anomaly detection
- Behavioral pattern matching against known fraud indicators
- Third-party data enrichment (public records, social media)
- Predictive fraud scoring with explanation rationale
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Vendor Network:
- Support for 200+ preferred vendors (repair shops, medical providers, attorneys)
- Automated work assignment based on location, capacity, and quality scores
- Real-time vendor availability and scheduling
- Vendor performance dashboards and scorecards
Support
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Technical Support: Premier Adjusters Inc. will receive priority advanced support:
- Dedicated technical support team
- 24/7 emergency hotline for critical system issues
- Response time: 2 hours critical, 6 hours high priority, 12 hours standard
- Dedicated Slack channel for real-time communication
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Training: Comprehensive training program:
- 4-week implementation with on-site support (first 2 weeks)
- Training for up to 40 staff members (adjusters, supervisors, IT)
- Role-specific training tracks (FNOL specialists, senior adjusters, fraud investigators)
- Monthly advanced training webinars on new features
- Annual adjuster certification program
- Access to online training portal with 50+ courses
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Updates and Maintenance:
- Monthly platform updates with new features
- Bi-weekly security patches and improvements
- Maintenance windows: Saturday 11 PM - Sunday 4 AM EST
- 72-hour advance notice for major updates
- Option to delay non-critical updates by up to 30 days
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Account Management:
- Named Customer Success Manager with weekly check-ins (first 90 days), then bi-weekly
- Quarterly executive business reviews with metrics analysis
- Annual strategic planning session
- Direct escalation path to VP of Customer Success
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Integration Services:
- Integration with Premier's core systems:
- Guidewire ClaimCenter
- Salesforce CRM
- DocuSign for settlement documents
- Payment processing systems (CheckFree, AvidXchange)
- Custom API development (up to 100 hours included)
- Ongoing integration support and optimization
- Integration with Premier's core systems:
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Data and Analytics:
- Custom dashboard development (up to 5 dashboards)
- Monthly data exports in preferred format
- Benchmark comparisons against industry standards
- Predictive analytics consultation sessions
Signatures:
Sarah Chen Title: Vice President of Sales Insurellm, Inc. Date: February 15, 2025
David Kowalski Title: President & CEO Premier Adjusters Inc. Date: February 15, 2025
This contract establishes Premier Adjusters Inc. as a strategic partner of Insurellm, leveraging advanced AI-powered claims technology to deliver superior service to their clients while optimizing operational efficiency.