Three stages, one goal
Every PGI application goes through our proprietary underwriting engine, a three-stage evaluation designed to assess risk fairly and consistently. We evaluate the fundamentals of your business, grade your industry and operational continuity, and assess the geopolitical and regulatory environment where you operate.
The result is a score that reflects the true risk profile of your guarantee. No black box. No guessing. You submit your information, and our system evaluates it the same way every time.
The three-stage underwriting framework
CORE Score
We evaluate the essential questions that measure your business fundamentals: revenue, profitability, cash flow, collateral, personal credit and loan structure.
Industry Score
An underwriter grades your application on your NAICS code, business plan, management experience and continuity strategy, the factors that cannot be automated.
Geopolitical Score
We assess the regulatory environment, sanctions compliance and geopolitical risk in your operating jurisdiction.
Fair, consistent and transparent
Data-driven, not arbitrary
Every question maps to a financial or operational metric we can measure. We do not make gut calls, and we do not penalize you for factors you cannot control. Your score reflects the risk you actually represent.
Consistent across applicants
The same framework, the same questions and the same scoring rules apply to everyone. A borrower in one province is evaluated the same way as one in another. That consistency is how we scale fairly.
Transparent throughout
After you submit, you see your CORE Score, the industry grade and the key factors that moved it. You understand why you were approved or declined, and what you could change to reapply.
Human judgment plus automation
The fundamentals are calculated from your answers. The industry score is always reviewed by a human underwriter, because business judgment, continuity planning and management quality cannot be fully automated. The environment assessment is automated and escalated when needed.
The CORE Score you see in the app is indicative. Once the underwriter completes the Stage 2 and Stage 3 review, the final score may adjust slightly based on what emerges during document review. This is rare; the final score usually aligns closely with your initial CORE Score.
From score to active coverage
If you pass the Stage 1 eligibility gates and reach a CORE Score that fits our appetite, we move to underwriting. Our underwriter requests supporting documents, financial statements, tax returns, loan agreements and business plans, and completes the Stage 2 and Stage 3 review.
Once underwriting is complete, we issue a premium quote and coverage terms based on your full risk profile and the coverage you request. You see the annual premium, the limits, and any exclusions or special conditions.
You review the quote and decide. If you accept, you bind coverage, instantly where available, or by formal policy issuance. If you decline, no problem, you can reapply anytime.
Once bound, you are covered. If your personal guarantee is called, you file a claim and we handle the rest, subject to the policy terms.
