Binder and coverholder portfolio analysis for MGAs and Lloyd's coverholders

Your capacity provider has actuaries. Do you?

MGAs and Lloyd's coverholders depend on a long-term, stable relationship with their capacity provider to thrive. Capacity providers often have a team of pricing actuaries dedicated to analysing the performance of their delegated authority business. That scrutiny is increasing, and it can leave MGAs, Lloyd's coverholders and their brokers at a significant disadvantage when it comes to discussing results.

It is now more important than ever that MGAs understand and take ownership of their data. Perrenial's binder and coverholder portfolio analysis gives you an independent, actuarial view of how your binders are performing, so you can go into renewal discussions with the same quality of information as the other side of the table.

Perrenial is a London general insurance (non-life) actuarial consultancy, led by Asad Khalil FIA, Managing Director and founder.

What we do

Many MGAs and Lloyd's coverholders struggle to determine the actuarial performance of their portfolios. We help by:

The result is a clear set of insights into the performance of each binder, with the relevant information at your fingertips when you need to explain your results.

Strengthening your negotiating position

Capacity renewal meetings go better when the MGA can set out its own credible view of performance. Our analysis is designed to help you navigate those meetings, get your capacity renewed and, where results support it, negotiate improved capacity and profit-sharing arrangements with insurers and Lloyd's syndicates.

Key benefits

Regular reviews or one-off projects

Portfolio analysis can be a one-off review ahead of a renewal or a regular performance review across your lines of business. Findings from the analysis often feed directly into MGA pricing and rating model work, so that corrective action on rates is based on the same evidence.

What data do capacity providers expect?

The quality of any portfolio analysis depends on the data behind it. Asad's article What data should Lloyd's coverholders be providing to capacity providers? looks at this question from the coverholder's side.

Who we work with