Premium Insurance Processing
Comprehensive Support for Accurate, Timely Premium Processing
Is premium processing slowing your front end teams down?
LPAN creation and submission, mid-term adjustments, endorsements and query resolution across multiple platforms are technical, time-consuming tasks. Handled in-house, they can pull broker teams away from clients and placements.
How Pro Global Helps
We understand the intricacies of premium insurance processing and offer comprehensive support to broker front end teams. Our experts handle a wide range of technical tasks, including the creation and submission of London Premium Advice Notes (LPANs), mid-term adjustments and query resolution across various platforms. Our specialist teams are experienced in optimising bureau and non-bureau processes, identifying transformative procedures and dealing with a broad range of business lines, from high-volume to complex.
Why choose Pro Global for Premium Processing?
Stay updated with policy changes and modifications from pre-bind onwards, with accurate handling of updates to your policies.
Accurate processing of premiums and payment schedules within defined timeframes, so you can manage your finances efficiently.
Simplify complex processes with our London Premium Advice Notes submission service, ensuring clear communication and compliance.
Adapt to changing needs with accurate, fast processing of mid-term adjustments and endorsements, plus invoice issuance and underwriter closings that minimise delays.
Dedicated support and valuable insights to resolve queries and make informed decisions confidently.
Outsource your premium processing to us and experience improved accuracy, speed and control. With defined SLAs, comprehensive reporting and resilient technical processes, we ensure your premiums are handled efficiently and professionally.
A Simple Proven Review Process
STEP 1:
Scoping & SLAs
We agree the business lines, platforms and processes in scope, and define the service levels you will hold us to.
STEP 2:
Transition
Our specialist team takes on premium processing, LPAN submissions and endorsements with minimal disruption to your front end teams.
STEP 3:
Processing & Resolution
Premiums, adjustments, invoices and underwriter closings are processed accurately and on time, with queries resolved by dedicated support.
STEP 4:
Reporting & Improvement
Comprehensive reporting gives you visibility, while we identify transformative procedures to optimise bureau and non-bureau processes.
Client Success Story
Trusted Partner and Seamless Extension for Brokers
Pro Global has established strong relationships with key stakeholders across a major broking client’s divisions, positioning itself as a natural extension of the broker’s team. Our services have expanded to include processing Proportional Treaty business and third-party binders, previously handled in-house. We handle diverse classes of business, from routine items to complex Energy and Aviation placements, and have recently taken on new brokers within the client’s group, adapting to fresh challenges and growth opportunities.
Benefits for mid to large-sized brokers
- Streamlined premium processing: swift, efficient transactions tailored to your needs.
- Expert handling of complex tasks: entrust technical work and query resolution to our specialists.
- Efficiency with comprehensive reporting: insights that drive informed decisions and performance.
- Tailored solutions for brokers: support shaped around your brokerage operations.
Dani Rosser, Head of Broker Services
FAQs
The technical work involved in getting premiums processed and settled: LPAN creation and submission, premium and payment schedules, mid-term adjustments, endorsements, invoice issuance and underwriter closings.
Yes. Our specialist teams are experienced in optimising both bureau and non-bureau processes across a broad range of business lines.
Mid to large-sized brokers who want streamlined premium processing, expert handling of complex tasks and comprehensive reporting without adding headcount.
We work to defined SLAs with resilient technical processes and comprehensive reporting, so you have accuracy, speed and control.
Our query resolution and reporting service gives you dedicated support and the insight to make informed decisions confidently.
