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ABOUT THIS SCREEN


Designed For:

This screen is designed for users who want to understand the insurance-related obligations in their general commercial contracts.

 

Purpose:

This screen identifies 8 obligations, posed as questions, that may be found in general commercial contracts and presents the output in a structured format, as follows:

- Responsible Party

- Obligation Summary (plus a standardized version, where available)

- Consequence Summary (plus a standardized version, where available)

- Obligation Trigger

- Trigger Type

- Obligation Type

 

Limitations, Assumptions, Details:

This screen achieved ≥85% precision and ≥90% recall on a sample of 30+ general commercial contracts. 

 

Obligation-specific details are included in the User Guidance.

 

Additional considerations:

- Some questions may only return a single obligation or consequence.

- Time qualifiers, such as 'business' in "business days", are disregarded.


ABOUT THE AUTHOR


Priyanka Bhatt

Priyanka Bhatt

Priyanka is a Legal Knowledge Engineer at Agiloft, where she combines deep legal expertise with technology to advance the company’s AI-driven Contract Lifecycle Management (CLM) platform. Prior to joining Agiloft, she worked as Global Contracts Negotiator at TD Synnex and Nomura focusing on transforming commercial contracting through innovative, tech-driven solutions.

 

Before transitioning full-time into legal technology, with over 6 years of experience across in-house legal, corporate secretarial and contracts manager roles, she has led global commercial contract negotiations, cross border deal structuring, due diligence process, CLM design implementation, playbook development and legal process optimization.

 

LinkedIn: www.linkedin.com/in/priyanka-bhatt-b24345137/