Insurance

Insurance and the Lloyd's market

AI for brokers, MGAs, carriers, reinsurers and the syndicated London market.

Overview

The Lloyd's and London company markets still run on documents — slips in MRC and MRCv3, schedules, endorsements, MTAs, bordereaux, FNOL submissions, claims correspondence, treaty wordings. Trovix products are built for that document-driven reality, with native handling for the formats and conventions that define the London market.

Built for the specifics

Lloyd's and London market formats

Trovix Sift© ships with pre-trained extractors for MRC, MRCv3, ACORD forms, ISDA standardised documents, traditional London market endorsement formats and major MGA bordereau templates. Coverage of placement systems including PPL, Whitespace and Lloyd's LMAP.

Coverholder and delegated-authority oversight

Trovix Brief© handles broker, sub-broker and coverholder due-diligence under FCA outsourcing rules and Lloyd's minimum standards on coverholder oversight.

PRA and FCA dual regulation

Trovix Watch© covers the PRA Insurance Sector rulebook, FCA ICOBS and SUP, Lloyd's minimum standards and Market Bulletins, IRSG materials, and the post-Brexit UK regime (Solvency UK).

Claims operations

Trovix Sift© handles FNOL document parsing — incident reports, witness statements, photographs, repair estimates — extracting key facts and routing with appropriate priority.

Trovix products in this sector

Submission triage and slip extraction

Sift© automatically classifies inbound submissions, scores them against underwriting appetite and routes to the right placing broker with structured data pre-fill.

Underwriter knowledge assistant

Aria© ingesting your wording library, slip archive, treaty register and broker presentations.

Bordereau processing

Sift© normalising bordereaux from delegated authorities into your data model: unit of measure, currency, peril classification.

Policyholder and broker portals

Reach© answering coverage questions citing the wording, guiding claimants through FNOL.

New-account onboarding

Brief© handling sanctions screening, beneficial-ownership analysis on proposed insureds and intermediaries.

AI governance for Lloyds and PRA

Audit© operationalising Solvency II Pillar 2 obligations and Lloyd's minimum standards on data governance.

Regulatory framework

PRA Insurance Sector Rulebook · FCA ICOBS · FCA SUP · Lloyd's minimum standards · Lloyd's Market Bulletins · IRSG · Solvency II / Solvency UK · ICO data protection

Talk to us about insurance and the lloyd's market — a 30-minute call with a Trovix engineer who knows the sector.

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