Unlocking Delegated Authority Debt

Unlocking Delegated Authority Debt

Key Figures USD 10 million+ Total predicted debt locked in one leading managing agent’s systems due to data and credit control challenges.USD 2 millionThe largest single amount recovered from one of the MA’s accounts.52 Managing Agents at Lloyd’s that need to...
Evolving DA Data Trends in 2024

Evolving DA Data Trends in 2024

Looking at the evolving DA Data trends, this year presents both challenges and opportunities for coverholders and their use of data. A data strategy that is not fit for purpose in 2024 can lead to inconsistencies, poor delegated authority and inefficient or inaccurate...
Lloyd’s, MGAs and a new risk based approach

Lloyd’s, MGAs and a new risk based approach

Binder/Managing General Agent (MGA) business has grown significantly in recent years and now makes up nearly 40% of Lloyd’s annual premium income, bringing with it materially higher acquisition costs and marginally lower administration costs. However, in spite of this...