Case Study: Tempo Underwriting achieves a digital, high‑volume surety bonds trading platform and automated underwriting with Insly

Tempo Underwriting launched an online Bond insurance trading platform based on Insly software

Tempo Underwriting, a Lloyd’s coverholder and specialist MGA, needed to launch a high‑volume online surety bond trading platform and to standardise and automate submission, risk review, quotation, policy issuance, MTA and policy release processes across multiple currencies, languages and jurisdictions. They selected Insly for a web‑based core platform that could support multiple lines and business models and because Insly had deployed its system to diverse insurance clients, even though surety bonds required new product development.

Insly designed, configured and implemented a Tempo‑branded cloud platform (rolled out Q1 2017) that provides full‑cycle sales and administration for bonds, including extensive product controls, standardised wordings and endorsements, automatic customer credit‑limit checks, QR/barcode security, digital signatures, dashboards and automated document control. The Insly solution automated many manual steps, reduced touch time and underwriting/data‑entry errors, and enabled much faster turnaround to brokers; Tempo and Insly are planning further digitalisation work.

Tempo Underwriting

Marco Del Carlo

Managing Director