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Contract with BrightWay Solutions for Markellm

Contract Date: October 5, 2023
Contract ID: INS-2023-0092

Terms

This contract (“Contract”) is made between Insurellm, a company incorporated in the United States, and BrightWay Solutions, a technology provider specializing in insurance services.

  1. Scope of Services:
    Insurellm shall provide BrightWay Solutions access to the Markellm platform under the agreed pricing structure for a duration of one year from the effective date.

  2. Payment Terms:
    BrightWay Solutions agrees to pay an initial setup fee of $1,000 for integration services, followed by the Basic Listing Fee of $199 per month for featured listing on Markellm. Payment shall be made within 30 days of invoice.

  3. Service Level Agreement (SLA):
    Insurellm commits to a 99.9% uptime for the platform with dedicated support response times not exceeding 4 business hours.

Renewal

  1. Automatic Renewal:
    This Contract will automatically renew for additional one-year terms unless either party provides a written notice of intent to terminate at least 30 days prior to the renewal date.

  2. Review Period:
    Both parties will enter a review period each year, during which they will discuss potential amendments to the pricing or contract terms based on market conditions and performance metrics.

Features

  1. Access to AI-Powered Matching:
    BrightWay Solutions will benefit from the AI algorithms for optimal customer matches, helping them connect with consumers looking for their specific insurance offerings.

  2. Real-Time Quote Availability:
    Consumers sourced via BrightWay Solutions will receive real-time quotes, allowing for a seamless customer experience.

  3. Analytics Dashboard:
    Access to Markellm’s analytics dashboard will provide BrightWay Solutions with insights into consumer behavior and market trends, assisting them in refining their insurance offerings.

  4. Customization Options:
    BrightWay Solutions may request customizations to their listing page on Markellm, within the capabilities of the platform.

Support

  1. Dedicated Customer Support:
    BrightWay Solutions will have access to a dedicated support team from Insurellm during standard business hours (9 AM - 7 PM EST).

  2. Additional Support Services:
    Technical support for integration and maintenance will be available. An optional premium support package can be purchased for $49.99/month, which includes 24/7 support and advanced troubleshooting.

  3. Training and Onboarding:
    Insurellm agrees to provide one free training session on how to utilize the Markellm platform effectively for BrightWay Solutions’ team upon contract signing.

Signatures

By signing below, both parties agree to the terms and conditions outlined in this Contract.


[Name], [Title]
Insurellm
Date: ______________________


[Name], [Title]
BrightWay Solutions
Date: ______________________


This document serves as a formal agreement between Insurellm and BrightWay Solutions, ensuring a successful partnership focused on enhancing the insurance shopping experience for consumers.