Coverholder Onboarding
New MGAs and coverholders vetted against your standard in days, every answer tied to its evidence.
Why it matters
Due-diligence packs run to hundreds of pages; teams chase missing licences, accounts and policies by email for weeks, and the approval memo is written from scratch.
How the solution handles it
Six agents read the application pack, check licences and E&O cover, screen owners and key staff, analyse the accounts, list what is missing or out of date, and draft a due-diligence memo with every statement cited. The delegated authority committee approves or declines.
How an applicant moves
Six specialist agents read, screen, analyse and draft each new partner file; the delegated authority committee approves or declines.
What it reads, and what it hands back.
What goes in
- Due-diligence questionnaire
- Licences and E&O certificate
- Audited accounts
- Ownership and staff lists
- Business plan
What comes out
- Cited due-diligence memo
- Gap and follow-up list
- Sanctions and licence results
- Committee approval record
Who uses it
The difference, in numbers.
Every figure is labelled: a target the solution is built to, an estimate, a typical published result, or a proven one.
on every applicant
Source: Lloyd’s Code of Practice, Delegated Underwriting (due diligence on coverholders) · “Target” = design goal, measured in the live solution · “Estimated” = our estimate · agents = the live solution’s configuration
6 specialist agents. One person decides.
More in this division.
Every monthly bordereau checked row by row against the binder, with breaches flagged before the month closes.
Claims BordereauxEvery TPA claims bordereau checked against authority and reserves, with leakage flagged each month.
Authority AuditCoverholder audits that test every bound risk against the binder, with a cited draft report in days.
Build this
for your team.
We’ll show Coverholder Onboarding running on your own documents.