Business insurance without a broker: vera takes over advice and administration

Outsourcing your insurance administration doesn't have to mean hiring a new broker. With Leaf, vera takes over the work. vera is Leaf's objective AI risk advisor and covers both insurance and pensions. On the insurance side, vera scans your business insurance, finds gaps and overlaps, keeps track of renewals and reports back in plain language.

Leaf is registered with the Danish Financial Supervisory Authority (Finanstilsynet) as an insurance intermediary. That means vera can take on the role a broker used to hold, but in a different way. You keep the final say on coverage and budget. vera handles the insight and the day-to-day work.

Leaf and vera in brief

• Leaf is the company behind vera.

• vera is an AI risk advisor that reads financial and inventory figures and tells you when your risk profile and your coverage no longer match.

• vera handles risk management across both insurance and pensions.

• On insurance, vera replaces the traditional insurance broker.

• vera scans your policies continuously and finds gaps, overlaps and errors.

• You get one consolidated overview of your business insurance across insurers.

• The advice is objective. vera earns no commission from insurers.

• Leaf is registered with the Danish Financial Supervisory Authority as an insurance intermediary.

What is vera?

vera is Leaf's AI risk advisor. It covers two areas: insurance and pensions. On insurance, vera takes over the role an insurance broker used to hold. On pensions, it keeps an eye on the schemes your company is responsible for.

A traditional broker turns up at renewal, gathers quotes and takes a commission. vera works differently. It works all year round: it reads your policies, compares them with your business and reports back when something needs a decision.

vera does three things:

• Scans: it reviews policies, sums insured, deductibles and terms, and turns them into structured data.

• Finds: it points out gaps, overlaps, errors and renewals coming up.

• Reports back: it sends you specific findings in plain language, so you can decide.

Leaf's core principle is insight before results. vera doesn't just hand you a quote. It shows you what it found and why it matters to your business.

vera is not an insurer. Insurers still underwrite and carry the risk. vera sits between you and the market and makes sure you always have an up-to-date picture of your coverage.

Why replace the broker?

Most businesses know the broker model. Policies sit scattered across inboxes and insurers. Renewal dates live in people's heads. The broker shows up at renewal, and the rest of the year is quiet. You pay the commission without always being able to see what you are paying for.

Plenty of businesses have no broker at all. They deal directly with insurers and carry the responsibility for having the right coverage. In that case, nobody is looking over their shoulder. vera is.

That can work while you are small. But as the business grows, so does the time it takes, and so does the risk of gaps or duplicate coverage.

Before vera:

• Policies spread across several insurers with no consolidated overview

• Renewals rolling over without a real review

• A broker who earns on the sale, not on the insight

After vera:

• One consolidated overview of every policy, premium and date

• Continuous scanning that catches gaps before they turn into uninsured losses

• Objective advice paid for by you, not by the insurers

• Fewer ad hoc emails and calls about insurance

What vera does

vera becomes a fixed part of how your business manages insurance. It runs in the background and keeps your coverage in order while you make the decisions.

In practice, vera:

• Collects and structures every policy across insurers

• Maintains an up-to-date register of policies, sums insured, deductibles and contacts

• Monitors renewals, so nothing renews automatically without a review

• Finds gaps between your coverage and what the business actually does

• Helps with claims administration, such as gathering documents and tracking status

• Reports findings as the business changes

What a scan from vera looks like (example):

Scanned across seven policies:

• Public liability does not cover the new warehouse in Taastrup.

• The cyber coverage overlaps a clause in the all-risks policy.

• Three policies are due to renew within 14 days with no review scheduled.

vera compared with a traditional broker

vera and a broker do the same job, but in different ways. The difference lies in who pays for the advice, and in how often anyone actually looks at your coverage. A broker sees a snapshot at renewal. vera reads millions of data points across every policy, around the clock.

vera replaces the broker's role. Insurers keep theirs. They underwrite, issue policies and handle claims within their own governance.

What vera takes over, and what stays with you

Replacing the broker doesn't mean giving up control. It means the repetitive work moves to vera, while you stay in charge of the decisions that matter.

vera takes over:

• Collecting and registering every policy and endorsement

• Keeping policy details current, including premiums and sums insured

• Tracking renewals and scheduling the review

• Coordinating documentation with insurers

• Preparing specific findings and options for you to decide on

You keep:

• Which risks you want to carry yourself rather than insure

• Which coverage you want to buy, increase or drop

• Which insurers you want to work with

• Final approval of every change, cancellation or new policy

• The budget, and how insurance fits into your risk strategy

You are not involved in every detail, but you can always see what is happening and why.

How vera works: scan, findings, decision

vera works to a simple rhythm that follows your policies and your business.

• Scan: it reads your policies and your business data and builds one consolidated picture.

• Find: it finds gaps, overlaps, errors and renewals, and reports them in plain language.

• Decide: you choose what happens next. vera coordinates with the insurers and updates the overview.

Over time this becomes a continuous cycle. A new location, a new group of employees or a new business line triggers a new scan and a new set of findings. The overview stays current without anyone having to remember to update it.

One consolidated overview

Once everything is in one place, a pile of policies becomes a system you can manage. Decisions get faster.

vera keeps track of:

• Policy names, numbers and insurers

• Premiums, deductibles and key sums insured

• Covered entities, locations and activities

• Renewal dates, notice periods and special conditions

Different people can work from the same source. Owners see the big picture. Finance checks premiums and allocates costs. HR and operations confirm who and what is covered before they change anything.

Instead of digging through PDF attachments, you see the structure of your coverage and the figures that matter to a decision.

Objective advice: why vera earns no commission

A traditional broker typically earns a commission built into the premium. The more you insure, the more the broker earns. That isn't necessarily wrong, but the broker's interest is not always the same as yours.

vera works differently. You pay for the advice. The insurers don't. That is what makes it objective. vera has no reason to recommend more coverage than you need, and no reason to leave a gap unmentioned.

That is the heart of why vera can replace the broker. Not because it is cheaper, but because the insight is independent.

Getting started: onboarding step by step

Onboarding is easy, because you don't have to dig out any documents. You give us a letter of authority, and vera fetches the rest.

1. Introductory meeting: we talk through your business and your current coverage.

2. Letter of authority: you sign a document allowing us to obtain your policies and insurance details, so you don't have to gather them.

3. Automatic scan: vera obtains and reviews the policies and builds the overview.

4. Findings and review: vera reports gaps, overlaps and renewals, and we talk you through them.

5. Agreement: you sign an agreement with Leaf, and vera goes live.

All you do is sign. vera handles the rest.

A letter of authority instead of paperwork

You don't need to hunt for policies in inboxes and drives. With the letter of authority, vera obtains your policies and insurance details directly.

Among other things, vera obtains and structures:

• Policies and schedules, so your current coverage, sums insured and terms are on record

• Claims history, so trends and risk areas become visible

• Basic company details, so coverage can be tied to your size, activities and locations

vera treats this information as sensitive business information and follows modern principles of security and governance. Obtaining the documents and running the first scan takes very little time. You spend your time on the decisions, not the paperwork.

vera in operation

vera runs and keeps watch without you having to remember to check. It catches things before they become a problem: a gap that should be closed, or a renewal on the way.

You only hear from vera when there is something to decide. You review the finding, approve or reject it, and vera takes care of the rest. You can log in and see the status at any time.

Example: a business before and after vera

Take a fictional but typical business: 60 employees in professional services, across several locations. The example is illustrative.

Before vera:

• Four main policies with three insurers, and nowhere to see them together

• Renewals rolling over without a real review

• Uncertainty about who and what was covered where

• A broker paid through commission and seen once a year

After vera:

• Every policy obtained under a letter of authority and gathered into one overview

• A gap in coverage nobody had spotted, caught in the first scan

• Objective advice, paid for by the business itself

• Fast answers when clients, the board or management ask about coverage

Frequently asked questions

Does vera really replace my broker?

Yes. vera takes over the role an insurance broker used to hold: the overview, the advice, the renewals and the coordination with insurers. Leaf is registered with the Danish Financial Supervisory Authority as an insurance intermediary. Insurers keep their role and continue to underwrite the cover.

What if we don't have a broker?

Plenty of businesses have no broker and deal directly with insurers. In that case, the responsibility for having the right coverage sits with you. vera gives you the overview and the objective review that nobody else provides, and tells you when something needs a decision.

Am I giving up control?

No. You keep full control over risk appetite, coverage and budget. vera gathers the information, produces the findings and prepares your options. You approve every change and every new policy.

Why is vera objective?

Because you pay for the advice, not the insurers. A traditional broker typically earns a commission through the premium. vera has no interest in recommending more coverage than you need.

How securely is our data handled?

vera treats policy and business data as sensitive business information and follows modern principles of security and governance. vera does not replace insurers' own regulatory responsibilities and does not provide legal advice.

Can vera help businesses of any size?

vera helps both small and larger businesses. Smaller businesses feel the administrative burden more, because they have less internal capacity. Larger businesses benefit from the consolidated overview and the coordination across multiple entities and policies.

Does vera cover pensions too?

Yes. vera covers both insurance and pensions. This page deals with the insurance side, but vera also scans your pension schemes and reports back the same way. That gives you risk management for both in one place.

What happens if our needs change as we grow?

When your business changes, vera helps keep your coverage aligned. New markets, services or locations can change what you need to be covered for. vera updates the overview and tells you if there is anything to decide on.

Next step

Want to see what vera finds in your risks and your coverage? Book a short call.