by Isabel Clarke | Sep 3, 2020 | DAS Insight
Lloyd’s has stated that it expects coronavirus-related claims to cost the market $3bn to $4.3bn (£2.5bn to £3.5bn) and, alongside the financial effect due to the surge in claims, the pandemic is impacting everyone’s ability to continue with business as usual....
by Charles Rowley | Jun 1, 2020 | DAS Insight
It is essential for your business resilience to stare into the face of severe counterparty risk. DA Strategy recently completed a piece for work for a carrier client to put in place contingency plans in case a coverholder, managing general agent (MGA) or third-party...
by Charles Rowley | Aug 1, 2019 | DAS Insight
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...
by Charles Rowley | Jun 21, 2019 | DAS Insight
Delegated authority business is a crucial part of the London market and is constantly evolving to make London an easier and more accessible place to do business. It is through this lens that we look at the future options and how it will directly influence the future...
by Charles Rowley | Apr 11, 2019 | DAS Insight
Collectively, auditors spend much more time in a coverholder’s and claims third party administrator’s (TPA’s) office than carriers, gleaning valuable information which is then typically left to be actioned by all the relevant underwriting stakeholders post audit. But,...