WorkflowReinsurance

Facultative Review

Facultative Submission Review

Every facultative offer read against the underlying policy and guidelines, with a cited view in an hour.

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WorkflowDocuments in; a checked, signed result out.
5specialist agents
4kinds of input
Soonfilm in production
The problem

Why it matters

Fac offers arrive by email with slips, schedules of values and survey reports; underwriters read them in full to decide whether to quote, and good risks wait.

What it does

How the solution handles it

Agents read the offer and underlying policy, check it against appetite, guidelines and authority, check location and peril exposure, and write a cited referral note. The facultative underwriter accepts, quotes or declines.

How it works

How an offer moves

Five agents read the offer and policy, check guidelines, authority and exposure, and write the note; a facultative underwriter accepts or declines.

What comes in
Offer in4 kinds of file · slip, policy, SOV, survey
Agents at work
Offer readerslip · SOV · survey
Then
Underlying policy readerterms passed through
Guideline checkerappetite · authority
Then
Exposure checkerlocation · peril
Then
Referral note writercited note
A person decides
Facultative underwriteraccepts or declines
What comes out
Referral note
Guideline flags
Quote terms draft
In and out

What it reads, and what it hands back.

What goes in

  • Facultative slip
  • Underlying policy wording
  • Schedule of values
  • Survey and engineering reports

What comes out

  • Cited referral note
  • Guideline and authority flags
  • Quote terms draft

Who uses it

FUFacultative underwriterUAUnderwriting assistantCACat analystRAReferral authority
What it changes

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.

target
45min
from offer received to a cited referral note
By hand4–6 hrs
With agents≈ 45 min
target
Every
offer checked against appetite and authority before a line is quoted
estimated
3×
the offers reviewed per underwriter, so fewer good risks wait
TodayWith agents

“Target” = design goal, measured in the live solution · “Estimated” = our estimate · agents = the live solution’s configuration

Built on the engine

5 specialist agents. One person decides.

Offer readerslip, values and surveys
Underlying policy readerterms passed to the reinsurer
Guideline checkerappetite and authority limits
Exposure checkerlocation, peril, accumulation
Referral note writerone cited referral note
Facultative underwriteraccepts or declines

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for your team.

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