Extract claims-cooperation clauses from a reinsurance treaty
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Copy each clause headed cooperation, claims control, notice, or consent to settle, with any period printed in it. Do not say whether the cedent complied.
- What the lawyer must review
- A reinsurance treaty is a contract. 15 U.S.C. § 1012 leaves insurance regulation to state law unless a federal act specifically relates to the business of insurance. No reinsurance statute was opened. You decide which clause binds and whether it was met. Formal Opinion 512 requires review before the extract is used in advice.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Do not begin AI assistance until the responsible lawyer has defined and confirmed its permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.