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Client success stories

UK insurer

Underwriting support UK company writing worldwide business

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Underwriting support - UK company writing worldwide business

Client description
Lloyd’s syndicate writing a diverse range of worldwide insurance and reinsurance business classes.

 

The Client’s requirements

Management review of operations and underwriting support identified key requirements:

•Efficient turnaround of operational support functions with a high level of accuracy
•Dedicated personnel with a named client manager
•Flexible approach to staffing levels to match peaks and troughs in the underwriting cycle
•No reduction in management control

 

Our solution

Key aspects of the solution from Pro include:

•Bespoke service, auditable against a Service Level Agreement and against client’s own reporting systems
•Core team dedicated to meet client’s requirements with a low staff turnover
•Additional flexible resource to cope with increased volumes during busy renewal periods

 

Services/Value delivered

•Post bind contract certainty checks for corporate & commercial risks
•Risk verification to ensure accuracy of data entered to client’s underwriting system
•Input & amendment of policy endorsements, off slips & bordereau declarations
•Exposure location data capture & loading of bordereaux
•Premium USM validation

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