Smart Contract Management

Move away from paper-based processing of risk events to automated management of risk events

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Smart Contract - Dynamically Monitored

  • Upload and validation of risk data
  • Set up of covers, premiums and parties to the insurance contract
  • Definition of individual party roles and rules
  • Data feeds trigger events, monitored within the rules of the digital contract

Sample Risk Event Triggers

  • Requests for cover, automated and manual asset data changes
  • System triggers for declaration, endorsement and notification tasks

Contract Rules and Premium Management

  • System notification of risk events and their results to impacted parties
  • Automated calculation of premium changes
  • Documents generated and distributed
  • Financial statements exchanged to track debits and credits

Please view our explainer videos below to see the Platform in action
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Insurwave supporting automated declarations

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Insurwave supporting policy management