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Onboarding claims for new MGA in financial lines

A newly created MGA, backed by a broker and existing capacity provider, required a trusted partner to handle claims for a transferred financial lines portfolio. 

Overview

The legacy claims remained with the original in-house team, while new notifications were to be handled externally.

RPC’s role

RPC was selected due to its strong market reputation and existing relationships through its legal panel work. We were engaged from the outset to support the design and implementation of a bespoke claims handling solution. Our responsibilities included:

  • Collaborating on process design, system integration, and UAT testing
  • Providing full MI capture and reporting to support underwriting and actuarial insight
  • Offering loss fund holding solutions
  • Ensuring robust stakeholder engagement, resource planning, and compliance alignment
  • Delivering training and technical support in partnership with our financial lines team

Outcome

RPC successfully implemented a tailored claims handling solution aligned with the client’s innovative underwriting model. This project marked the onboarding of our first IFA book, showcasing our ability to support new lines of business with technical expertise and a long-term partnership approach.

Get in touch

Sarah Armstrong

Head of Legal Claims Handling

+44 (0)20 3060 6000

Bristol

Sarah Armstrong

Toby Higginson

Partner, Co-head of Clients and Markets (Insurance)

+44 20 3060 6581

London

Toby Higginson

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