Industry · Commercial Insurance
Scale your brokerage by automating manual insurance administration
Cube4 finds where AI and automation can safely take repetitive work off your account handlers and brokers, then builds it with a person checking every output. Designed for commercial insurance brokerages in the UK.
The pressure is familiar
Manual data entry bottlenecks
Account handlers spend significant operational time re-keying risk schedules and fleet lists into broker management systems.
Regulatory documentation burden
Creating compliant demands and needs statements and product governance reviews diverts senior capacity from advisory work.
Capacity and margin pressure
Qualified brokers are often restricted to administrative tasks rather than business development, limiting brokerage growth.
Where commercial brokerages typically start
Examples of the kind of work we look at. The audit tells you which ones are worth doing in your brokerage.
Risk presentation collation
AI structures client emails and asset registers into formatted Market Reform Contract presentation packs for underwriter submission, reviewed by the Commercial Account Executive.
Quote comparison analysis
Automated extraction of terms, deductibles, and sub-limits across multiple carrier responses for side-by-side review, approved by the Broking Director.
Policy schedule verification
Comparing newly issued policy schedules against agreed market slips to identify insurer clerical omissions or errors, checked by the Senior Commercial Account Handler.
Claims loss run processing
Parsing carrier loss runs into structured summaries and drafting initial notification files for the claims team, reviewed by the Claims Manager.
Compliance drafting
Preparing standardised Demands and Needs statements and fair-value records based on client risk profiles, approved by the Compliance Director.
Renewal review preparation
Tracking changes in fleet schedules and turnover against expiring policies to generate pre-renewal briefs, checked by the Commercial Account Handler.
Your legal obligations
Your firm must adhere to the Financial Services and Markets Act 2000, the Insurance Act 2015, and the Data Protection Act 2018. Compliance with FCA ICOBS, CASS 5, and the Consumer Duty is essential for professional standing. A qualified person in your team stays in control: our automations prepare work, your people review and approve it.
Questions we hear
Do commercial insurance brokers require FCA authorisation to operate in the United Kingdom?
Yes. Any firm conducting insurance distribution in the United Kingdom must be directly authorised by the Financial Conduct Authority or appointed as an Appointed Representative.
Must a commercial insurance broker disclose its commission to business clients?
Under FCA rule ICOBS 4.4.1R, an insurance intermediary must promptly disclose the commercial commission and fees received in connection with a policy if requested by a commercial customer.
What constitutes the duty of fair presentation under the Insurance Act 2015?
The Insurance Act 2015 requires commercial policyholders to disclose every material circumstance they know or ought to know in a reasonably clear and accessible manner.
How must client premium money be protected by a UK commercial insurance broker?
Client funds must comply with FCA CASS 5 rules, requiring monies to be segregated in dedicated trust accounts unless a risk-transfer agreement is in place.
Where do we start?
We begin with an AI Opportunity Audit to identify exactly where automation can save time and improve margins in your brokerage.
See how we handle your data, our services and the AI Opportunity Audit.
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