Master service agreement MSA
Term · Insurance and risk management · MLC-T-INS-002138
A contract between two parties that outlines the general terms and conditions that will govern future agreements or work orders between them. In insurance, an MSA can establish the framework for ongoing services provided by a vendor, such as claims processing or IT support, without needing to renegotiate core terms for each individual project. It typically includes provisions for intellectual property, confidentiality, and dispute resolution.
| Identifier | MLC-T-INS-002138 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002138",
"term": "Master service agreement MSA",
"field": "Insurance and risk management",
"definition": "A contract between two parties that outlines the general terms and conditions that will govern future agreements or work orders between them. In insurance, an MSA can establish the framework for ongoing services provided by a vendor, such as claims processing or IT support, without needing to renegotiate core terms for each individual project. It typically includes provisions for intellectual property, confidentiality, and dispute resolution.",
"url": "https://mlchart.com/terminology/insurance/master-service-agreement-msa/"
}
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