WorkflowReinsurance

Treaty Submissions

Treaty Submission Analysis

Every renewal submission read and summarised, loss data rebuilt and gaps flagged in hours, not weeks.

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

Why it matters

At 1 January, 1 April and 1 July renewals, underwriters receive hundreds of submissions as PDFs and spreadsheets; analysts rebuild triangles by hand and many get a light look.

What it does

How the solution handles it

Agents read each submission, extract triangles, large losses and exposure profiles into clean tables, compare them with last year and flag gaps, then draft a cited summary. The treaty underwriter prices and writes the line.

How it works

How a submission moves

Five agents read the submission, rebuild loss and exposure data, compare years, flag gaps and draft the summary; a treaty underwriter prices and writes the line.

What comes in
Submission in4 kinds of file · slip, triangles, profiles, model output
Agents at work
Submission readerslip · data · RDS
Then
Loss and exposure readertriangles · profiles
Then
Year-on-year comparerwhat changed
Data gap findermissing years
Then
Summary writercited summary
A person decides
Treaty underwriterprices and writes the line
What comes out
Underwriting summary
Clean loss data
Broker questions
In and out

What it reads, and what it hands back.

What goes in

  • Broker submission and slip
  • Loss triangles and large-loss lists
  • Limits and exposure profiles
  • Cat model output and RDS

What comes out

  • Underwriting summary, cited
  • Clean loss and exposure data
  • Year-on-year change list
  • Broker question list

Who uses it

TUTreaty underwriterPAPricing actuaryUAUnderwriting assistantCACat analyst
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
3hrs
from submission received to a cited underwriting summary
By hand2–3 days
With agents≈ 3 hrs
target
100%
of years and layers reconciled to the slip
every year, every layer
estimated
3×
the renewals analysed per underwriter in the 1 January season
TodayWith agents

“Target” = design goal, measured in the live solution · “Estimated” = our estimate · by-hand time from an 8-hour working day · agents = the live solution’s configuration

Built on the engine

5 specialist agents. One person decides.

Submission readerPDFs, workbooks, slips
Loss and exposure readertriangles and profiles, cited
Year-on-year comparerwhat changed since last year
Data gap findermissing years and layers
Summary writerone cited summary
Treaty underwriterprices and writes the line

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