Our Approach
A defined workflow. Documented authorities. Senior accountability.
Underwriting at Seqns MGA follows a structured five-stage process. The same workflow applies to every submission — from a single-risk facultative line through to a multi-year structured treaty.
Underwriting workflow
From submission to bind, in five stages.
Discipline is enforced by process, not personality. Each stage has defined inputs, outputs, controls, and named ownership.
Opportunity review
Each submission is triaged against published appetite, sanctions and licensing constraints, and aggregate exposure limits before any technical work begins. We provide a clear accept-or-decline indication to the broker quickly.
Risk assessment
Class-lead underwriters perform technical pricing supported by vendor and proprietary catastrophe models, exposure benchmarking, and cedant-level due diligence. Senior peers review every quote.
Structuring
Programmes are structured around the cedant’s objectives — capital relief, volatility management, or growth support — rather than fitted to a standard form. Multi-year and structured options are evaluated where appropriate.
Market alignment
Capacity is confirmed across the rated and institutional capital panel. Allocations follow the published authority matrix; exceptions require committee approval and are documented.
Execution
Documented terms, signed authorities, and operational hand-off through to bind. Post-bind, the cedant has a defined contact for endorsements, claims notification, and renewal preparation.
Governance
Controls that protect the underwriting result.
Authority, exposure management, and peer review are formalised. Documentation is the evidence trail capital partners and regulators rely on.
Underwriting authority
Written class-by-class authorities. Limits, attachment points, and aggregate caps are reviewed quarterly by the underwriting committee.
Exposure management
Independent exposure team reporting to the Chief Risk Officer. Aggregate, peril, and zone monitoring updated through each placement.
Peer review
Every account above defined thresholds receives a documented peer review by a senior underwriter outside the lead’s reporting line.
Capacity allocation
Capital partner participation is governed by quota share and reinsurance treaties. Allocations are reconciled monthly with full audit trail.
Discuss a submission
Submissions are accepted through licensed brokers.
Brokers can submit through the contact channel below or directly to the relevant class lead. Indicative response within one business day on complete submissions.