Patent ID: 11880896
Assignee: AON RISK SERVICES, INC. OF MARYLAND
Field: IT methods for management (Electrical engineering)
Classification: CPC G  H | IPC G  H

Claim 7:
8. A method comprising:
generating a graphical user interface (GUI) configured to display on a first computing device associated with a client account, the GUI configured to receive, from the first computing device, an input configured to create a contract by defining terms of the contract, the input indicating selection of an insurance template from different insurance templates, the insurance template indicating a threshold coverage value corresponding to an intellectual-property infringement related obligation;
receiving, via the GUI, input data representing the input, the input data indicating that the contract has been entered into between a first entity associated with the client account and a second entity associated with a vendor account, the terms of the contract including the threshold insurance coverage value associated with the intellectual-property infringement related obligation associated with the vendor account;
responsive to creating the contract, sending, to a second computing device associated with the vendor account, first data representing a first notification indicating that the contract has been created and associated with the second entity;
receiving, from the second computing device, second data indicating acceptance of the terms of the contract by the second entity;
identifying, by an insurance component, an insurance coverage value corresponding to the intellectual-property infringement related obligation associated with the vendor account;
determining, by a compliance component and based at least in part on the insurance coverage value, a level of compliance associated with the contract; and
causing the GUI to display, on the first computing device, the level of compliance associated with the contract.