Session was pretty interesting I liked the way you have presented it specially where you have shown all the parties on single slide and how broker do the submissions and underwitter receive funds. Can you show in one your session how these messages look like.
Thank you for sharing a wonderful piece of information. Quick queries, please. 1. At 16:49 I hope LPSO refers to " Lloyd's Policy Signing Office". So, is this LPAN referring to Lloyd's? 2. UNIQUE MARKET REFERENCE (UMR) - Is it unique across Lloyd's/London/Global markets?
On 1 May 2001, Xchanging Ins-sure Services (XIS) was created as a separate company (owned by Xchanging, Lloyd's and the IUA) to provide a comprehensive policy signing bureau. XIS provides services in four broad categories: Outsourcing Processing Business process services, including the Market Wordings Database (MWD) IT infrastructure. Xchanging Claims Services On 1 November 2001, Xchanging Claims Services (XCS) was created as a separate company (owned by Xchanging and Lloyd's). Services include: Lead adjusting Claims management Peer review Non-moving claims review Recoveries Broker services Claims processing.
