Paste your insurance schedule. Get every line of cover classified.
What you retain and what you transfer, the loss ratio over three years, the capacity you pay for and have never used, the lines your industry carries that you do not, and the questions to take to your broker before renewal. Six lines free, no account.
| Line | Limit | Premium | Rate on line | Standing |
|---|---|---|---|---|
| Property / ISR | 25,000,000 | 95,000 | 0.38% | classified |
| Product recall high rate on line | 1,000,000 | 30,000 | 3.00% | classified |
| Commercial motor high rate on line retention below claims frequency | 850,000 | 48,000 | 5.65% | classified |
| Directors and officers capacity not claimed against | 5,000,000 | 18,000 | 0.36% | classified |
| Workers compensation | statutory | 210,000 | scheme | statutory |
| Zorvane cover | 250,000 | 3,000 | 1.20% | unrecognised |
| Total, 14 lines | 541,000 |
Paste the schedule you already have
The broker's schedule, the renewal summary or the register you keep: one line of cover per line, with the insurer, limit, deductible and premium in any order the header names. Add the claims count and the claims paid over the last three years and the arithmetic sharpens. Every line is matched against a published dictionary of 53 lines of cover with their AU, UK and US names; a line that matches nothing is marked unrecognised and never guessed.
Read what you retain and what you transfer
Per line: the deductible you carry on every claim, and where the claims count is given, what that retention costs a year; the limit less the deductible the insurer carries; the premium as a share of the limit; and the three-year loss ratio. Then the flags the arithmetic supports: capacity not claimed against in three years, a high rate on line against the schedule's median, a retention below the claims frequency. Each flag is a comparison of your own numbers, never advice.
Take the findings and the questions to the broker
Findings in severity order: the lines that could not be placed, the lines your industry usually carries and the schedule does not show, the capacity never used, the insurer carrying more than half the premium, a property line with no interruption cover beside it. Behind each one, the clauses of ISO 31000, COSO ERM and ISO 22301 that make the register evidence, stated in our own words from the published standards. The closing block is the list of questions to paste into an email to the broker.
Why a register and not a broker's dashboard
The broker's numbers are the broker's. The schedule arrives once a year with a premium beside each line and the renewal is signed on it. Before that meeting, somebody on your side has to say what each line retains, what it transfers, what it has paid out and what it costs per unit of limit, and to write down the questions. That is the register this builds, in your browser, from the schedule you already hold. It does not replace the broker; it gives you the page to sit across from one.
Coverage Register: the questions buyers ask
What is Coverage Register?
Coverage Register takes your insurance schedule and classifies every line of cover. It shows what you retain and what you transfer, per line, from the schedule your broker sent.
What do I paste into Coverage Register?
One line of cover per line, with the insurer, limit, deductible and premium in any order the header names. Add the claims count and the claims paid over the last three years and the arithmetic sharpens; tabs, commas or pipes all work, and currency symbols, thousands separators and k or m suffixes are fine.
How many lines of cover can I run for free?
Six lines are free and no account is needed. Every figure is arithmetic on the numbers you paste, in your browser, and nothing leaves it until you choose to save.
What does it compute per line?
The deductible you carry on every claim, the limit less the deductible the insurer carries, the premium as a share of the limit, and the three-year loss ratio. Where the claims count is given it also shows what the retention costs a year.
What flags does the arithmetic support?
Capacity not claimed against in three years, a high rate on line against the schedule's median, and a retention below the claims frequency. Each flag is a comparison of your own numbers, never advice.
Which lines of cover does it recognise?
It matches each line against a published dictionary of 53 lines of cover with their AU, UK and US names. A line that matches nothing is marked unrecognised and never guessed.
What findings does it raise?
Findings in severity order: the lines that could not be placed, the lines your industry usually carries and the schedule does not show, the capacity never used, the insurer carrying more than half the premium, and a property line with no interruption cover beside it.
How does it know what my industry usually carries?
It reads the industry you set, such as `industry: food manufacturing`, against a published table of industry classes with the lines they usually carry. The lines your industry carries that your schedule does not show are named as findings.
Which standards does it read against?
ISO 31000:2018, ISO 22301:2019, COSO ERM 2017, APRA CPS 230, the Lloyd's cyber underwriting requirements and NAIC MDL-668. The clauses behind the findings are stated in our own words from the published standards.
Does it tell me what cover to buy?
No. It does not recommend a limit, a deductible or an insurer; it names what the numbers show and asks the questions. It is not advice on what cover to hold.
What do I take to the broker?
The closing block is a list of questions to paste into an email to the broker, eight of them in the specimen. It does not replace the broker; it gives you the page to sit across from one.
Where do the findings come from if nothing is written while I wait?
Nothing is written while you wait. We read the published text of the named standards clause by clause, and every obligation is stated in our words and cited to its clause. Where the page names an obligation without stating its requirements, it says so and does not state them.
How Coverage Register compares with a spreadsheet, a broker or a general assistant
A spreadsheet holds the schedule and does the arithmetic you set up in it, and it is free, but it will not match a line of cover to a published dictionary of AU, UK and US names or name the clause behind a finding. A broker or captive manager places cover, knows the market and owes you advice, which this register expressly does not do; it does not replace the broker. A general AI assistant will explain what a rate on line or a retained limit means in plain language, but it will not run the figures on your pasted rows in your browser or cite the standards held. Coverage Register classifies each pasted line, computes the retention, the rate on line and the three-year loss ratio, flags capacity never claimed against and a retention below the claims frequency, and quotes the clauses of ISO 31000, ISO 22301, COSO ERM and APRA CPS 230 behind each finding; it recommends no limit, deductible or insurer and is not advice on what cover to hold.
Primary source: ISO 31000:2018