London’s Insurance Bureau Market (Lloyd’s, LIRMA, and ILU) - Lloyd’s of London Business Processes 

Thanks. Hope you have gained something from the presentation.

Thanks Om. I am glad that you are liking it.

Thanks for your message Himanshu. Well "Over Insurance" is close at the conceptual level but not sure how MPL will play here. Typically in Lloyd's scenario, the broker approaches further underwriters to fulfill the client’s total order. These multi-line arrangements are known as ‘subscription’ placements with the leading underwriter acting for the following market in certain matters. Risks are sometimes ‘over-placed’ with written lines (shares accepted by individual syndicates) totaling more than required for the client’s order. In this case, the broker will reduce the ‘written lines’ (usually each proportionately) to total the client’s order (referred to as ‘signing down’) and will initiate the accounting process. Hope it is clear now.

Hi Krishna. Thanks for your message. You can connect me @ www.linkedin.com/in/ravissharma/

Sure. Will keep in mind. Thanks for the feedback and suggestion.

Thank you sir.. and also it would be a great help if you teach us business analyst process in insurance domain