Risk management software for Lloyd's managing agents

Add syndicates without oversight friction.

Set up your framework in CoVi Analytics once. Every new syndicate runs on it from day one, and business teams keep it current as they work.

See it running on Halden, our fictitious Lloyd's managing agent.

What changes

What changes when you add a syndicate.

Today
Months to set up the risk and control side
Returns to chase for every syndicate
Syndicates wait for quarter end
With CoVi Analytics
Weeks, on the framework you already run
Same framework for every new syndicate
A risk report any day
Why now

From 2026, Lloyd's grades new syndicates after year one.

Rates at Lloyd's fell 6.7% in the first half of 2026. Our reading: new syndicates now start in a softening market, so their first-year evidence has to be ready when Lloyd's looks.

Source: Lloyd's Half Year Report 2026 (opens in a new tab)

Why year one matters
  1. Before trading · Making it HappenLloyd's lists the plan, capital, corporate members and legal agreements. Our reading: the risk and control framework sits with you.Source: Lloyd's, application process for new entrants (opens in a new tab)
  2. 1 January 202613 new syndicates launched on a single day.Source: Lloyd's Full Year Results 2025, CEO statement (opens in a new tab)
  3. After year oneLloyd's 2026 plan introduces oversight categories for new syndicates after their first year of trading, not their third.Source: Lloyd's Market Oversight Plan 2026, p8 (opens in a new tab)
A different approach

Set up your framework once. Every syndicate runs on it.

Your framework sits in the processes the business follows and the reports it reads, so each new syndicate joins the same view as the others.

Learn more about Halden's framework
  • Halden's framework map: appetite and policies at the top, external and internal risks and the process map in the middle, and the telltale signs beneath.Framework map
  • Halden's risk appetite board: are we within appetite? 10 indicators within appetite, 7 approaching their limit and 3 outside. The large loss ratio to date is 18.1%, outside appetite, on a green, amber and red bar.Risk appetite
  • Halden's process map drawn as a tube map in CoVi Analytics: distribution, submission, bind, reserving, recoveries and placement, with the stops that hand over to the back office.Process map
  • Halden's 2027 plan against 2026 on the board view: £750m of premium, up 10%; £75m plan profit; a 91.5% combined ratio; 148% solvency coverage.Board view
  • Halden's 2027 plan by product, whole account: £750m of gross written premium, 28% reinsured and 57% expected gross claims.Plan by product
  • Halden's capital and reserving headline figures: £955m of net reserves, a 46% IBNR share, 45% long-tail casualty and £12m of net adverse prior-year development.Capital and reserving

What you get

  • Complete Making it Happen in weeks, not months.

    Each new syndicate starts on your framework from day one, so its risk and control side is ready before it trades.

    Today
    Months to set up
    With CoVi Analytics
    Day one on your framework

    Weeks, not monthsto set up a new syndicate's risk and control side

  • Keep an eye on every syndicate, without the cost of chasing growing with each one.

    Every syndicate runs on one framework that business teams update as they work. Adding a syndicate means adding it to the framework you already run, not starting a new oversight cycle.

    Today
    Returns to chase per syndicate
    With CoVi Analytics
    Same framework for every new syndicate

    Flatthe cost of chasing as you add syndicates, because each one joins the framework you already run

  • Give every syndicate you host a board-ready risk report, any day.

    Upload the SBF and LCR that finance already produces. Each syndicate you host gets a risk report with its plan and capital in, whenever it asks.

    Today
    Wait for quarter end
    With CoVi Analytics
    A risk report any day

    No reconcilingthe report uses the SBF and LCR you file with Lloyd's

Scale without growing oversight effort.

Onboard more syndicates and keep the same oversight quality, because each one runs on the framework you already have.

Waleed Sarwar, founder of Context Visualised

Waleed Sarwar, founderBuilt by a former Bank of England Solvency II policy author who has been interim Head of Risk at Liberty Mutual, Markel and Bupa.

In use today at a UK principal firm50+appointed representatives, each running on the firm's own framework in CoVi Analytics.

See it working on a Lloyd's managing agent.

Tell us how many syndicates you run, and leave knowing what to set up first.

Book a 20-minute demo

We'll walk you through how it all comes together with Halden.