Facio
GAMarkets: UK, US, EU

Commercial Property MGA Policy Administration System

Quote, bind, and issue commercial property insurance programs with automated rating and Lloyd's coverholder compliance.

Author: Facio Underwriting Team (Insurance Infrastructure)
Technical Reviewer: Chief Underwriting Officer
Last Validated: 2026-08-01

Industry Pain Points & Challenges

Fragmented Policy Lifecycles

Legacy PAS platforms rely on manual handoffs between underwriting, rating, and bordereaux generation.

Strict Capacity Compliance

Managing binding limits and Lloyd's coverholder constraints requires tedious spreadsheet audits.

End-to-End Operational Workflow

01

Submission & Ingestion

Automated ingestion via API, email, or broker portal.

02

Dynamic Rating Execution

Python-driven rating calculation in under 85ms.

03

Bind & Policy Issuance

Audit-stamped binder generation and carrier notify.

04

Automated Reconciliation

Real-time Lloyd's V5.2 bordereaux generation.

Facio Core Capabilities

Quote-to-Bind Automation

Complete policy issuance lifecycle in seconds.

Dynamic Rating API

Custom Python rating logic without rigid vendor UI limits.

Audit Trails

Immutable log of every underwriting decision and rule.

Performance & ROI Metrics

< 14 Days
Launch Speed
< 85ms
Calculation Latency
99.8%
Bordereaux Error Reduction

Frequently Asked Questions

How fast can a commercial property program launch on Facio?

Most MGAs configure rating models and launch live quote-to-bind workflows in under 14 days.

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