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    Ever wondered how much time and money it takes you to bind one policy?

    If you have a rough idea how much time you spend per quote/policy today, use this simple calculator to find out.

    The calculator will also tell you the total cost to bind a target number of policies per year and the number of FTEs required to do so.

    We’ve made some assumptions using UK average employer costs and working hours available per one FTE Underwriter. Read more on assumptions made + sources in results.

    P.S. Any information entered here is treated confidentially and we will not share this with any 3rd parties.

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    Send me the full ROI report

    Delegated authority

    What is delegated authority in insurance?

    Delegated authority is the permission granted by an insurer to another party to act on the insurer’s behalf, either when it comes to underwriting or claims handling processes.


    What are the benefits of delegated authority?

    • The option to offer unique products to market.
    • From a capacity provider standpoint, the ability to access niche markets without having to develop your own products.
    • The ability to have your own brand on products.
    • Being able to access to a specialist insurer which in turn can make sure the product is priced adequately and competitively.
    • A higher commission is offered than if a product is sold as an intermediary.
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