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2.5 KiB

Contract with Roadway Insurance Inc. for Carllm


Terms

  1. Agreement Effective Date: This contract is effective as of January 1, 2025.
  2. Duration: This agreement will remain in effect for a term of 12 months, concluding on December 31, 2025.
  3. Subscription Type: Roadway Insurance Inc. agrees to subscribe to the Professional Tier of Carllm, at a cost of $2,500/month, totaling $30,000 for the duration of this contract.
  4. Payment Terms: Payments are due on the first of each month. Late payments will incur a penalty of 1.5% per month.
  5. Termination Clause: Either party may terminate this agreement with 30 days' written notice prior to the end of the term. If terminated early, fees will be calculated on a pro-rata basis.

Renewal

  1. Automatic Renewal: This agreement will automatically renew for an additional 12-month term unless either party provides written notice of non-renewal at least 30 days before the expiration date.
  2. Price Adjustments: Subscription fees may be adjusted for the renewal term in accordance with market conditions and the company's pricing policies, with 60 days' prior notice provided to Roadway Insurance Inc.

Features

  1. Access to Core Features: Roadway Insurance Inc. will have access to all Professional Tier features, including:

    • AI-Powered Risk Assessment
    • Advanced Analytics & Fraud Detection
    • Instant Quoting System
    • Customizable Coverage Plans
    • Customer Insights Dashboard
  2. Mobile Integration: All features will be accessible through a mobile application that Insurellm will provide.

  3. Customer Support: Includes 24/7 automated customer support via AI chatbots and access to dedicated account management support during business hours.


Support

  1. Technical Support: Roadway Insurance Inc. will receive priority technical support from Insurellm for any issues arising from the Carllm product.
  2. Training: Insurellm will provide up to 5 training sessions for Roadway Insurance Inc. staff on the effective use of the Carllm platform, scheduled at mutual convenience.
  3. Updates and Maintenance: Regular updates to the Carllm platform will be conducted quarterly, and any maintenance outages will be communicated at least 48 hours in advance.

This contract outlines the terms of the relationship between Insurellm and Roadway Insurance Inc. for the Carllm product, emphasizing the collaborative spirit aimed at transforming the auto insurance landscape.