Answers / Facultative Reinsurance
What is a chase list in reinsurance submissions?
A chase list is the ordered set of missing pages, stale schedules, unsigned slips, and unresolved slip-versus-SOV conflicts that block a quote. It is the work queue, not a narrative summary of the file.
A chase list is the ordered set of missing pages, stale schedules, unsigned slips, and unresolved slip-versus-SOV conflicts that block a quote. It is the work queue, not a narrative summary of the file.
Placing stalls when underwriters cannot see what is absent. A thick zip is not a complete pack. Completeness is whether the next person can act without asking you what you meant. If a field has no source span, it is not in the pack yet. It is on the chase list.
What belongs on the list
A useful chase item names the field, the document that should have carried it, and why it matters. Limit, TIV, location, hours clause, as-at date, warranty, signature. "File is a bit light" is not an item. Underwriters can quote through a short named list. They cannot quote through a paragraph that says the file is substantially complete.
Typical gap items: hours clause missing from slip and from the attached wording; SOV with no as-at date; loss run with no as-at date; unsigned slip presented as written; territory or occupancy stated only in the covering email; currency omitted.
Conflicts can generate chase items too. Two spans that cannot both be true are not a missing field. They are extra evidence. The chase is: amend the slip, drop the location, or tell the market the schedule moved — after a person sees both sources.
How the list is produced
Source-grounded extraction is the rule that makes the list honest. No span, no value. A gap is empty evidence, not a low-confidence guess. A model that fills a missing deductible so the pack looks complete has not helped placing. It has hidden the work.
Regenerate when a new attachment arrives. A chase list frozen in a PDF from Tuesday is wrong on Wednesday. The list is the work remaining, not an appendix nobody opens. Put it on page one of the pack or as the first screen. Underwriters open packs from the back when the front is a narrative.
The long document list for assembling the file is how to build a facultative submission pack. The buyer view for brokers is the same object: send a pack the market can price, plus the queue of what is still missing.
Worked example: ACME Construction Ltd
Fictional file used across this site: ACME Construction Ltd, acme.example, property facultative. Slip.pdf page 1 names the insured and the period 1 January 2026 to 31 December 2026. Slip.pdf page 2 states USD 10,000,000 any one occurrence and TIV USD 42,000,000. SOV.xlsx totals USD 47,100,000 because a warehouse was added after the slip was typed. Hours clause: not found. SOV as-at date: not found.
The chase list on that pack is not "please confirm TIV." TIV is a conflict: both spans stay visible. The chase is whether the warehouse is on cover and whether the placing document will be amended. Hours clause is a gap. SOV as-at is a gap. Named insured, period, and occurrence limit are traced and are not chase items.
That is sendable only if you want the market to price a fight. Usually you chase first. Facultative reinsurance is the hub for that loop. Software emits the list. A person still sends the chase and still binds when the file is ready.
Written by Shen Pandi · Updated 2026-08-25 · Definitional page, not a product claim sheet