Expert Insured, London Market AMS

Policy and market administration for London workflows. Expert Insured (EI) helps teams orchestrate DA operations, capture the fields required by MRC v3/CDR, support placement administration compatible with PPL processes, generate DDM-ready bordereaux and manage premium processing with audit evidence, with open APIs.

Built for London Workflows

  • MRC v3 → CDR: capture MRC v3 fields and map to CDR elements, with validation rules to keep inputs consistent.
  • PPL processes: support for placement administration compatible with PPL workflows (pack completeness checks, versioning, change logs). We do not claim a product integration unless contracted.
  • Bordereaux & reporting: risk/premium/claims bordereaux with QC, maker-checker and versioning; scheduled distribution designed to keep timetables on track.

Who It Serves

  • Coverholders: submission intake → MRC packs → bind/issuance; endorsements and EPIs/COIs; bordereaux on schedule.
  • Managing agents: cleaner data into CDR; exception dashboards; premium-ops controls and evidence packs.
  • Brokers: placement administration compatible with PPL processes; pack QC and versioning; MI for cycle times and rework.

Core Capabilities

Delegated Authority (DA)

  • Binder and authority management with referral paths.
  • Submission intake, appetite gating and clearance.
  • Bind/issuance; endorsements; cancellations/reinstatements.

MRC v3 & CDR

  • Pack assembly and field capture.
  • Validation rules (required/format/list/range) with exception queues.
  • Export files for downstream processing.

Bordereaux & Reporting

  • Risk · premium · claims bordereaux with versioning.
  • Maker-checker sign-off; distribution lists and timetables.
  • DDM-ready outputs; SFTP/API delivery is available after security approval.

Premium Processing

  • Cash allocation; IBA/trust reconciliations.
  • Producer/commission statements.
  • Exception handling with activity/audit logs.

Controls & Accuracy

  • Role-based access and SSO; activity and change logs.
  • Accuracy target: ≥99% on sampled critical fields once steady state is reached.

Footnote: KPIs are typical targets. Final SLAs are set during discovery based on volume, mix and systems. Selectsys executes under your authority; underwriting and pricing decisions remain with you.

Integrations & Hosting

  • Open APIs and file gateways (SFTP/API) for batch or near-real-time exchange with PAS/AMS/CRM and data stores.
  • Regional hosting options (UK/EU/US) with GDPR/UK DPA & IDTA support.

Typical Outcomes (after bedding-in)

  • Shorter placement/servicing cycle times versus your baseline.
  • Fewer bordereaux exceptions; reporting on schedule.
  • Cleaner premium processing under maker-checker controls.

FAQ's