For startup MGAs
Show your carrier a working MGA before you sign.
A free sandbox set up on your program while you secure capacity. Walk your carrier, fronting partner or Lloyd's syndicate through real submissions, quotes and controls. When capacity is signed, switch it to live.
- Set up on your own application and rating manual
- Free for 90 days while you secure capacity
- Help with the systems section of your capacity submission
- Goes live without a rebuild
What you can show a capacity partner.
A submission workflow
Sample broker emails read into work items, with every extracted field linked to its source.
Appetite and authority
Your appetite rules and authority limits enforced, with referrals routed and recorded.
Your rater
Your rating manual built into a rater, with debits and credits explained and overrides on record.
Quotes on your paper
Quote documents from your templates, ready to show what brokers will receive.
An audit trail
MFA, role-based access and an append-only log. The controls carriers ask about in due diligence.
Sample bordereaux
What your carrier will receive each month, built from the same records.
How the sandbox works
From business plan to first quote.
No cost until you are writing business.
- 1Now
We set up your program
Send your draft application, rating approach and appetite. We build the sandbox around them.
- 2In capacity meetings
Show it working
Run sample submissions live. Share access with your carrier so they can see the controls for themselves.
- 3When capacity is signed
Switch it to live
Point your inbox at it and start quoting. Your sandbox setup carries over.
Before you ask
Questions from founders.
- Is the sandbox really free?
- Yes, for 90 days. We set it up on one program at no cost because we'd like you as a customer when you launch.
- We don't have a final rating manual yet.
- That's normal. We build on your draft and update it as your carrier negotiations change it.
- Can you help with carrier due diligence?
- Yes. Fronting carriers and Lloyd's both ask how you'll handle submissions, authority, data security and bordereaux. We write up how your program runs on Coverbinder for that section and give their reviewer a login.
- Can our carrier log in?
- Yes. Give them a read-only role so they can see submissions, referrals and the audit log for themselves.
- Do we need a policy system as well?
- No. Coverbinder binds, issues and administers your policies and builds the bordereaux your carrier expects.