I hate to say goodbye to clients after a deal but I do enjoy the successful completion of a deal. Its a chicken and egg situation.
Here is one of the deals I had to say goodbye to.
Seyi Opanubi, M&A Due Diligence specialist
Insurtech Risk Management Offerings with the Safe Contract Program
WELCOME TO THE FUTURE OF INSURANCE RISK MANAGEMENT
Advances in AI mean the insurance industry can now identify sources of risk in contracts and develop strategies for limiting those risks. You now have the ability to deliver comprehensive, integrated, cost-effective solutions to your customers and other risk-bearing partners.
Introducing TRANSPORTATION CONTRACT AI and the Safe Contract Program, the world’s first AI-enabled technology & risk management solution that quickly identifies and manages insurable risks in transportation contracts.
TRANSPORTATION CONTRACT AI
Clients leverage cutting-edge technology to give your customers access to AI-enabled contract review products and services specifically designed for the transportation industry. TRANSPORTATION CONTRACT AI combines AI and human expertise to quickly and affordably identify risk in the most commonly negotiated transportation agreements, including Shipper_x0002_Carrier, Broker-Carrier, and Broker-Shipper contracts.
The Safe Contract Program allows you to provide your clients with:
AI-enabled software designed for transportation contracts
Affordable and expert redlining and negotiation of transportation contracts
Access to expert help & support
TRANSPORTATION CONTRACT AI
“We will transform the way transportation contracts are reviewed and negotiated, making the process accurate, accessible and affordable.”
Objective.
To make contracts easy! By combining proprietary, technology-enabled contract review software, industry expertise and accessible, affordable service solutions, we will transform the way transportation contracts are reviewed and negotiated, making the process accurate, accessible and affordable.
TRANSPORTATION CONTRACT AI
TRANSPORTATION CONTRACT AI allows you to easily identify the key economic, insurance and risk related terms of Shipper-Carrier, Broker-Carrier, Broker-Shipper agreements (more to come).
Includes embedded Help Text and sample language that allow you to understand many of the complex concepts found in these common agreements and the risk they may pose to your business
TRANSPORTATION CONTRACT AI+
TRANSPORTATION CONTRACT AI+ contains all of the benefits of TRANSPORTATION CONTRACT AI, PLUS:
A more comprehensive list of concepts
The ability to customize settings and Help Text to your business (for an additional fee)
Access to a document abstract that clearly summarizes found and missing provisions
Access to additional agreement types you might commonly
Agreement Types
Examples of Contract Provisions
Big Deals by MLS Intralinks in Nigeria - Honeywell
I hate to say goodbye to clients after a deal but I do enjoy the successful completion of a deal. Its a chicken and egg situation.
Here is one of the deals.
Seyi Opanubi, M&A Due Diligence specialist
Big Deals by MLS Intralinks in Nigeria - Heirs Oil and Gas
I hate to say goodbye to clients after a deal but I do enjoy the successful completion of a deal. Its a chicken and egg situation.
Here is one of the deals.
Seyi Opanubi, M&A Due Diligence specialist
Case Study: Restructuring and Capital Raise for Agri-business
Client: Agri-business
Objective 1: Restructure
Objective 2: Capital Raise
The Revolution Meets the Road
AI and Transportation Contracts
The AI that we use to review contracts was developed by our technology partner. They are a cutting-edge company that was created out of Carnegie Mellon University by a group of inventive technologists. The AI used to review contracts consists of both Natural language Processing and Machine Learning. The technology uses “sifters” which are AI algorithms that are trained to read text and to look for a specific concept, for example cargo insurance. Sifters not only learn from experience, but they also improve over time—learning from their mistakes. It is amazing to watch the sifters improve over time as they are trained to read the contracts.
We offer a team that has an extensive amount of experience dealing with transportation contracts. We know what concepts are of the utmost importance and need to be identified. We also know the risk that is involved when reviewing these contracts and what could potentially happen if an important concept is missed. These contracts are long and complicated and finding people with the expertise to review them is often difficult. To solve this problem our team of experts in the transportation industry carefully developed sifters that target the most important concepts in common transportation contracts—concepts like a cap on the amount of cargo liability. Our solution makes it easier for people to identify and understand these important concepts in contracts. The software also offers help text advice and sample language for common concepts in transportation contracts. In fact, as far as we know, TRANSPORTATION CONTRACT AI is the world’s first AI software specifically intended for transportation contracts.
Assisting start-ups with raising capital
Start-up program for raising capital
Start-ups now have access to the below services for a fixed fee of £400. This is to help them with the process of raising funds.
These services usually come at a cost of thousands of pounds.
Due Diligence Set-up,
Virtual Data Room (VDRPro) and
Contract Management.
Select link below “Start-ups” for more information.
How we can help to prevent invoice fraud
An invoice fraud case study
A client received an email containing an invoice for the amount of £103k, which the client was expecting to pay. The payment wasn’t due until the following month therefore they didn’t act upon this invoice. They then received a second email following on from the original email trail with a new invoice attached advising that they were having issues with their bank account and provided new account details to pay.
The client then submitted a payment for the amount requested to pay an account held with another bank.
The client was made aware of the fraud when they were contacted by their genuine supplier who claimed that they hadn’t received the funds. The supplier confirmed that the bank details on the second invoice were not theirs.
The client's IT Team investigated to see where the email interception happened, however, the money transferred had already been moved on by the fraudsters by the time the alarm was raised.
Our approach to preventing invoice fraud
You upload invoices for recipients to our secure file sharing platform. Recipients of your invoice receive an email alert informing them that an invoice is available.
See below for snapshot from our platform. It shows an email alerting the recipient of the availability of a new file in the document exchange.
Access to an invoice is via the document exchange and not through the mailbox. Once the link in the alert email is selected by the recipient, they are directed to the document exchange to access the invoice.
This ensures that even if the email of the recipient is compromised file access is not compromised as it's through the secure document exchange the invoice is viewed and any file in the document exchange cannot be edited.
Below is a snapshot of the document exchange.
Autumn Deals at Managed Legal Services
Through our partner, SS&C INTRALINKS, we are offering amazing deals in West Africa THIS AUTUMN.
Read further for more.
Start-up Deals
Start-up seeking to raise capital can leverage our offering at a fixed rate of $500.
M&A Deals
M&A deals run through advisors can leverage our offering at a fixed fee of $1,500. Corporates can access this offering through their advisors.