What arrives at the box
A broker sends a slip, a schedule, a covering email with the terms that were agreed on the phone, and an attachment someone forgot to convert.
Your underwriter opens all of it before deciding whether it is worth opening at all. That triage is the most expensive unpriced work in the box. SnapLine was built for this market: for the documents Lloyd’s brokers actually produce, and for the order in which they produce them.
The slip, read as a slip
The Market Reform Contract is a sectioned instrument with conventions, not a document that explains itself. Information sits where the market has agreed it sits. Fields are positional. A material term is frequently a cross-reference to something attached elsewhere in the submission, and the attachment is frequently the thing that was updated last.
General-purpose document AI reads an MRC slip linearly and returns text that is accurate and useless. It has captured the words and lost the instrument.
SnapLine treats the slip structurally, and shows you where each field came from in it, so that a disagreement between the slip and the schedule reaches an underwriter as a disagreement rather than as a single confident number.
- Insured
- Ravensholme Estates Limited
- Interest
- Section A — commercial property, 14 locations, per Schedule A
- Interest
- Section B — business interruption, 24 months indemnity
- Period
- 01.11.2026 to 31.10.2027, both days inclusive
- Attached
- Schedule A — schedule of values, 14 locations, dated 12.09.2026
- Attached
- Surveyor’s report, Leeds location, dated 2024
- Liability
- (Re)insurers’ liability several, not joint
- Order hereon
- 100% of 100%, percentage of whole
- Slip leader
- Syndicate 0000
- Agreement
- GUA 2014, as amended
- Changes
- Changes to Section B require slip leader and second agreement party
- Tax payable
- Nil by insurers
- Premium coding
- Allocated by the classes in Risk details
Schedule A and Section B each appear in two sections. The bracket marks the span between them.
D&F and GL do not break the same way
Direct and facultative property fails on the schedule. The slip can be clean while the schedule of values behind it carries occupancy descriptions that were last accurate some years ago, values that do not reconcile with the summary, and locations that appear twice under two spellings.
General liability fails on the narrative. The exposure description, the operations detail and the loss history arrive as prose in an email, a PDF and occasionally a scan of a document that was itself a scan. There is no schedule to anchor to.
SnapLine handles both, but it does not handle them identically, and the parts of the work it takes off an underwriter differ by class.
What stands between the slip and a quote
Sufficiency is scored against the rules your own house already applies, so what you see is the list of things that have to be settled before this risk can be priced, each with the document it came from and one action beside it.
Two of these need the broker. One needs an underwriter to decide. None of them needs anybody to read the bundle again to find out which is which.
The same risk, four days later
The broker replied, the reply was matched back to the submission without anyone filing it, and the schedule it carried moved the total insured value. Appetite and authority are checked against the class that was finally agreed rather than the one the application claimed.
The panel on the right is the part a file reviewer cares about: what changed, who accepted it, and when.
Selected as a Lloyd's Lab Cohort 15 Finalist
GenAirate was selected as a Lloyd's Lab Cohort 15 Finalist. We state it as what it is: a selection, not a deployment, and not an endorsement by any syndicate.
Where this actually stands
SnapLine is not in production across the Lloyd's market, and you should treat any vendor who tells you otherwise about their own product with the scepticism you would normally apply.
What is true: the product was designed around London Market documents from the start, with Probitas as our design partner. It holds ISO/IEC 27001 and ISO/IEC 42001 certification and a SOC 2 Type 2 report. It runs in production on live submissions inside a US specialty underwriting operation, under a commercial contract. What is not yet true is a Lloyd’s syndicate doing the same and willing to take your call about it. When there is one you will hear about it from us rather than having to ask.
That is the awkward part of the conversation, and we would rather have it on a web page than at reference stage.
Ask the awkward question first
Bring three of your own slips to the demo, including the one that always needs a phone call to the broker. If the provenance view survives that, the next step is a fixed-scope Proof of Value across twenty of your live submissions, with a written report at the end.