Bolt heralds new intrusive approach to claims
Lloyd's is poised to take a more intrusive approach to the
way that the market handles claims and to scrutinise this part of
the business to the same degree as underwriting in the future,
according to head of underwriting Tom Bolt.
Speaking on 23 September at the London Market Claims Council
(LMCC), Bolt also warned that he will be ordering operational
reviews into those Lloyd's insurers that fall significantly
below average.
"If you're in the bottom quartile in claims reserving...
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