Risk sharing

Risk sharing allows multiple funding parties to contribute to a single payment based on predefined percentages. Instead of funding a payment from one account, the platform splits the payment across multiple funding sources based on predefined percentages.

It is configured through account linking and percentage allocation.

Why use risk sharing

Risk sharing reflects how insurance contracts are funded in practice.

It allows multiple carriers or capacity providers to contribute to the same payment while maintaining clear separation of funds.

How it works

• A payment account represents the contract or policy
• The payment account is linked to multiple funding accounts
• Each funding account represents a participating carrier or capacity provider

When a payment is created:

• The system calculates each party’s share based on the configured split
• Funds are pulled automatically from each linked funding account
• A single payment is sent to the recipient

Example

Carrier A contributes 60% of the total payment amount, while Carrier B contributes the remaining 40%.

For a £1,000 claim payment:

• £600 is debited from Carrier A’s funding account
• £400 is debited from Carrier B’s funding account
• The recipient receives one £1,000 payment

All contributions are recorded at account level for reconciliation