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Community Update - May

Community Update - May

Community Update - May

BIBA ๐Ÿ | British Insurance Awards ๐Ÿ† | DUA Audits ๐Ÿ”Ž

Events


BIBA 2026 TIME:TO -  BUILD DIRECT CONNECTIONS


The Recorder team will be returning to Manchester Central next week for the BIBA Annual Conference. Our stand will be in the same position as last year (F10).


Our exec team will be available for meetings throughout Wednesday 13th and Thursday 14th and we will be showcasing the latest capabilities within both our open market broking and delegated underwriting authority platforms at the stand.


If you are interested in booking a meeting at BIBA feel free to suggest a time.


MGAA Whitepaper - API Driven Distribution


Last week the MGAA published a whitepaper on API Driven Distribution which was contributed by Recorder. You can download the full report below.

British Insurance Awards


We are delighted to be named as a British Insurance Award finalist for โ€˜The Technology Awardโ€™ alongside our client Lycetts Insurance Brokers. We also delighted to see so many Recorder clients nominated in other categories. Best of luck to all the nominees. See you at the Royal Albert Hall on the 8th of July!

April Recap:


Risk Capture Forms Redesign


We've redesigned our risk capture forms to make long question sets easier to complete in a collaborative manner. Brokers and customers can now move freely between sections and save as they go rather than working through them linearly. This is useful when answers come in out of order, or when something needs revisiting before submission. As with every Recorder risk capture form, data enrichment and mobile responsiveness come as standard. We will be releasing the new forms to customers in the coming weeks.

Delegated Underwriting Authority Enhancements:


Auditable Calculations / History

We have made some enhancements to the calculations flowchart in the underwriting dashboard. This flowchart helps both underwriters and insurers to understand exactly how premium has been calculated. We have also added technical premium and commercial premium to the data model.

We have also introduced a history tab which enables underwriters or capacity providers to view a detailed quote change history for granular audit logging and scheme reviews.

May focus:


New Product API Integrations


We are working on connecting to several new markets via API. This will include professional indemnity, retail, hospitality and trades. We are excited to announce and roll out these integrations to our broking clients in the coming months.


Email submission intake

Broker submissions arriving by email become a ranked, enriched work queue instead of a plain inbox. Each email is classified and matched to a product, attachments are ingested into the proposal form, per-product triage rules score the submission against appetite, and obvious cases - duplicates, out-of-appetite, missing info get auto-actioned. Underwriters open submissions that are already triaged, scored, and pre-populated, so time goes to pricing the risks worth pricing rather than submissions.


CreditSafe Integration

We will be releasing our integration with CreditSafe this month - the integration covers credit risk signals (CCJs, scores, negative information) and director-level data including directorships, negative flags, and appointment history.

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