Blog: An underwriter's guide to developing a scheme
Ecclesiastical's Will Browne, outlines the key steps for successful delegated authority.
A delegated authority scheme can be great for your business. It gives you the underwriting power to be in control of the risks you write. It empowers you to make decisions for your clients, without always having to be dependent on a referral to an underwriter. Specialising in a niche also narrows the competition you may be competing against, with your secret weapon being that you are an expert in that given market! Sounds great, right? Where do we start?
At one point, every scheme started as
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