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PrototypeInsuranceConcept

The insurance agency operating model

Underwriting agencies and insurance brokers run the same intermediary pattern as lending: the fee is earned on judgement and relationships, the week is consumed by documents, renewals and queries. This concept applies what we have built for brokers and builders to the cover side, and it is where we would start a discovery session with an agency. It is shown here as an underwriting agency with a binder; the broker version differs in who holds the client and who signs the advice, and we would draw it separately.

Renewalspacks assembled before the account manager opens the file, not after
Claimstriaged on arrival, documents checked against the policy wording, next step drafted
The bookworked between renewals, with a review raised only when the numbers justify it
Guardrailsdata handling, access and consent designed before any assistant touches a client file
The concept

Renewal season, with the packs already built.

Demonstration environment with an invented agency. Every panel reads the agency's existing policy system and inbox in place; nothing is migrated and no new platform is introduced.

CI
Coastline Insurance AgenciesDemonstration · sample data
Today Renewals Claims Broker enquiries Book review Compliance notes
JS
John SmithAgency principal
Good morning, JohnMonday 12 Oct · 142 renewals due in 30 days, 118 packs ready · 6 new claims triaged · 9 broker enquiries, 3 need you
Renewal retention, trailing 90 days: 91%
Renewals, next 30 days142 due · 118 pack ready · 24 need a conversation
Harbourside Strata Plan 4471 · Residential strataPack ready. Valuation up 8%, premium indication +11%. Claims-free three years.
Send to broker
Corrigan Transport · Commercial motor fleetTwo claims this term. Pack drafted with revised excess options. Recommend a call before sending.
Needs a call
Nguyen Hospitality · Business packTurnover declaration outstanding. Reminder sent to broker Thursday, no reply.
Waiting on broker
Shaw Logistics · Public and products liabilityPack ready. No change to risk. Premium flat.
Send to broker
Reilly Developments · Contract worksProject value exceeds binder limit. Referred to insurer, awaiting terms.
With insurer
Claims triage6 new overnight
Water damage · SP 4471Urgent
Make-safe needed. Assessor request drafted, policy section confirmed.
Vehicle · Corrigan TransportDocs
Police report missing. Request sent to driver.
Theft · Patel RetailReferred
Loss appears within excess. Referred to claims manager with the policy section and the IDR note; no decline is drafted by the system.
3 moreRoutine
Acknowledged, documents requested.
Broker enquiries9 today · 3 for you
Six drafted from the underwriting guide with the wording cited, waiting on an underwriter's sign-off before anything goes back to the broker. Three referred to you: a new occupation class, a sum insured above delegated authority, and a request for a bespoke endorsement.
Review the three
Book review radar1,860 policies
Under-insured on current valuation41
Cover gaps vs. similar risks27
Lapsed, worth a call12
Indicative premium uplift$186k
Compliance notesUp to date
File notes drafted for every call and email on the renewal list, in the agency's format, with the advice basis recorded. Nothing is sent without a person signing it off.
Sample figure for the demonstration: last audit sample 40 files, 0 exceptions.
Why we are confident in the pattern

Same intermediary economics as lending. Same leaks.

Alvo's founder was founding CEO of a property portal's embedded insurance business, working with Hollard and Zurich, and has since built the operating model for commercial finance brokers and construction estimators. The shape repeats: a small team paid for judgement, a large volume of documents and queries that could be handled before a person sees them, and a book that only gets attention at renewal.

What changes in insurance is the compliance surface. Every automated step here produces a file note in the agency's own format, and nothing is sent to a client, broker or insurer without a person signing it off. That is a design constraint, not an afterthought.

Compliance posture

What is automated, what never is, and how it is evidenced.

Automated: assembly and triage

Renewal packs, document completeness checks, claim acknowledgements and document requests, first drafts of file notes and broker responses with the wording cited. All inside your policy system and inbox, read in place.

Never automated: the decisions

Claims decisions, declines and anything inside a complaint or IDR timeframe. Underwriting outside delegated authority. Advice to a retail client. Each is written into the design as a hard stop before a workflow is built, and the controls sit with your claims and underwriting managers.

Evidenced: the trail

A file note in your format for every automated step and every sign-off, so the audit trail your AFSL, your Code of Practice obligations and your insurers' third-party requirements expect is produced as a by-product of the work, not reconstructed afterwards. Data handling reviewed with MyCISO before go-live.

Alvo is not a licensee and does not give financial product advice. The design is built with your compliance manager and, where required, your insurers, and it changes where your authorisations say it must. Data, access and who does the work ›

Where a discovery session starts

Four questions we would ask an agency first.

1

Where does the week actually go?

A two-week baseline of inbox, renewal and claims time per person, so any improvement is measured against a number rather than a feeling.

2

What can be read in place?

Policy system, inbox, document store. The design principle is to read where the data lives and hold as little as possible, which is the easier conversation to have with insurers and brokers.

3

Which decisions stay with a person, always?

Claims decisions, declines, referrals above delegated authority, anything touching a complaint or an IDR clock. These are written down with your compliance manager before a single workflow is built.

4

What would the book be worth if it were worked between renewals?

Under-insurance, cover gaps and lapses across the whole book, with a dollar figure, so the first milestone pays for the programme.

Run an agency or brokerage that looks like this?

A discovery session costs nothing. A two-week baseline sits under the $3,000 Assess, and milestones run $3,000 to $5,000 each, priced and measured on their own. Your outsourced IT provider is welcome in every session.

Book a discovery sessionMore work