Policy administration services:We handle all aspects of policy administration, including data entry into systems and ensuring accuracy in policy records. Our services streamline operational processes, reducing administrative burdens and improving efficiency for your team.
Coverholder and bordereaux management services: We manage the delegated authority (DA) business lifecycle, addressing operational, regulatory, and compliance needs through flexible, tailored solutions. Our services include compliance reporting, credit control, bordereaux administration, data reconciliation, and independent peer reviews, enhancing data quality and streamlining processes in a complex regulatory environment.
Reinsurance administration services: Since 2007, our Reinsurance Project Services have supported Lloyd’s, London, and international insurance markets by delivering tailored target operating models (TOM) and seamless software transitions. Trusted by over 15 carriers in the UK and overseas, we bring extensive expertise across reinsurance products, offering technical support for data validation, system implementation, strengthening, migration, and upgrades to ensure robust and future-ready operations.
• System implementation
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Our dedicated service supports risk carriers in delegating reinsurance software implementation, strengthening, migration, or upgrade projects. This approach allows your team to maintain daily business operations while we handle the technical complexities.
We deliver:
- Business justification and scoping phases
- Mapping and coding tasks
- Contract loading and review
- User acceptance testing (UAT)
- Scenario testing
- Financial reconciliation
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• Portfolio strengthening and peer review
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We provide third-party peer reviews of reinsurance data to strengthen portfolio quality and ensure robust internal controls. Examples include:
- Contract setup on outwards reinsurance systems
- Claims recovery results on outwards reinsurance systems
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• BAU surge resource
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Our in-sourced project resources integrate seamlessly with ceded reinsurance teams, offering support for:
- Outwards reinsurance processing
- Technical accounting activities
This ensures continuity in daily operations while leveraging experienced personnel for surge capacity needs.
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• Pre-migration health check
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Preparation is key to successful migration. We identify and address issues with existing data—such as ceding data and coding discrepancies—before system conversion begins. A pre-migration review ensures smoother transitions and reduces delays.
Examples of validations:
- Confirming source data
- Coding requirements (e.g., mapping to a single source)
- Standardising free text information
- Completing records (e.g., updating manual spreadsheets)
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Actuarial and catastrophe modelling: Our services include actuarial analysis and catastrophe modelling, providing you with specialist insights to manage risks and optimise pricing strategies. These services can be scaled to meet your specific needs, whether as ongoing support or for specific projects.