Co-broking workflows

Co-broking business brings an additional set of questions: who owns the relationship, who services the policy, how are documents shared, and how should receivables and payouts be recorded?

WHAT WE ARE EXPLORING

A connected workflow for business involving more than one broker. It may cover participant roles, responsibilities, shared references, policy records and the financial treatment attached to each party.

WHY IT COULD HELP

Keeping co-broking arrangements inside the policy workflow can reduce parallel spreadsheets and make ownership clearer to operations and accounts teams. It can also create a better trail when the arrangement is reviewed later.

STATUS

Under exploration. The scope will be shaped by operational, contractual and regulatory requirements.