by Marcus Elwes | Jun 1, 2021 | DAS Insight
By the very principles of the premiums of the many paying for the losses of the few, insurance has long had a bit of an image problem in the public consciousness. “See the small print” is not something anyone who bought insurance to cover a risk wants to hear if they...
by Marcus Elwes | Aug 13, 2018 | DAS Insight
The LMA have also provided some first class guidance for UK Coverholders here. I wait to hear from Lloyd’s as to whether a co-ordinated approach (similar to GDPR compliance) to their in-scope Approved Coverholders is being planned or not. However, pending this,...
by Marcus Elwes | Nov 1, 2017 | DAS Insight
Rather than Managing Agents simply seeking the data, consolidating it into a workable reporting format and then creating reports, including measurements against the appetite statement, for their Board, Risk Committee, Regulator etc., should they not be liaising...
by Marcus Elwes | Oct 12, 2017 | DAS Insight
What is a ‘norm’ is, of course, an entirely subjective test, as opinions may differ wildly between what I, e.g. as a DA Manager or Compliance person, may think and what my colleague on the underwriting or claims side might think. Oh, and what about the Coverholder...
by Marcus Elwes | Oct 3, 2017 | DAS Insight
I further believe that some will be achieving collection of this data via the monthly bordereaux declaration, others via separate declaration requests sent out regularly to brokers and Coverholders, some perhaps a combination of the two. I wonder if (dare one whisper...