Exari Mobile Site
The Contract Certainty Blog

The Contract Certainty Blog | Exari

The Contract Certainty Blog | Exari

Avoiding Contract Scandals 101

When a contract scandal breaks, everyone ducks for cover. Who broke the rules? Who knew? Who should have known? Whose heads will roll? The media shines a bright light into the darkest corners of the deal, looking for someone to blame.

Sign Here Please…

For most people, the task of creating and negotiating contracts was transformed some ten years ago, when email “tipped” and became the preferred mode of business communication. Drafts are prepared in Word, then emailed back and forth. Most of the time, changes are marked up (although sometimes not, but that’s another story), and eventually, a final version emerges, ready to sign.

FSA Reaches for the Stick

Two years sounded like a long time. Less than one year doesn’t. So with 11 months to go til John Tiner’s deadline for contract certainty in the London insurance market, the question is being asked: what happens if the market misses the deadline? What if the deals are being done, but the details are still missing? Does it really matter?