Contract Management for Insurance

Simplify Insurance Contracting with AI

Enhance contract visibility and compliance across policies, claims, and submissions with an AI-native CLM. Reduce risk, accelerate processes, and improve operational efficiency

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Leading Insurance Companies Trust Sirion

High-Volume Insurance Contracts Can Lead to Compliance and Efficiency Gaps

Managing large volumes of contracts across policyholders, reinsurers, and suppliers creates operational complexity. This heightens the risk of manual errors, regulatory non-compliance, and delays in claim settlements.

Drive Operational Excellence Across Insurance Contracting

Optimize Claims and
Underwriting Contracts

Centralize and automate the management of claims, policyholder, and underwriting contracts to reduce manual errors, enhance visibility, and ensure compliance.

Ensure Regulatory Compliance

Maintain compliance with federal and state insurance regulations, GDPR, HIPAA, and evolving industry standards with full contract visibility and audit trails.

Control Risks
with AI

Detect potential risks with the Issue Detection Agent and apply automated clause adjustments using the Redline Agent for accurate, efficient negotiations.

Simplify Amendments and Endorsements

Ensure seamless endorsement updates and policy amendments while maintaining accuracy, ensuring compliance, and staying aligned with evolving regulations.

Optimize Contract
Performance

Monitors reinsurance agreements, vendor contracts, and policyholder obligations to ensure timely renewals, payments, and SLA compliance.

Enable Self-Service
Contracting

Empower your team with intelligent self-service tools to quickly draft and approve insurance policies, supplier contracts, and endorsements, accelerating onboarding and renewals.

Explore Sirion for Insurance — Use Cases

Underwriting Submission
Triage

Automatically extract data from broker emails and submission documents to reduce processing time by over 75%, accelerating underwriting decisions with high accuracy. Explore Underwriting Submission Triage

Policy and Endorsement
Management

Simplify complex policy contracts and endorsements with automated tracking, ensuring clear contract terms and minimizing disputes.

Reinsurance Contract
Oversight

Gain complete visibility into reinsurance agreements, tracking terms, claims, and risk-sharing obligations to avoid coverage disputes and manage financial exposure.

Vendor and Third-Party
Risk Management

Monitor vendor and third-party obligations with automated performance tracking to reduce compliance risks and improve contract transparency.

“As part of our contract digitization program, we didn’t want to stop at just putting our contracts in the cloud. We wanted complete visibility and control over the deliverables and obligations in our contracts. We found the perfect answer in Sirion.”

Sabih Rozales, Principal Commercial Contract Manager

“All our contracts are established and maintained in Sirion, a fit-for-purpose CLM solution. Today, we manage all our regulatory requirements, adapt smartly to banking changes and leverage rich insights for real-time reporting, through Sirion.”

Edzard Janssen, Chief Procurement Officer

“Some of the biggest highlights of working with Sirion for me have been watching how the technology has changed over time. And how it gets better and better every single time new functionality is released.”

Jaclyn Schuler, Director of Contract Lifecycle Management

“Sirion’s industry-leading AI technology offers significant advances giving instant access to critical data, automating non-value-added tasks, and driving behaviors that result in better contracting outcomes with third-party relationships.”

Toby Yu, Contract Management Services Leader