Lloyd’s launches faster-claims-payment pilot for delegated authority business
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Lloyd’s launches faster-claims-payment pilot for delegated authority business

Marcel Le Gouais
02 August 2021
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Lloyd’s is making “steady progress” in developing the recovering-from-loss journey for delegated authority (DA) business with the launch of its faster-claims-payment pilot.

Nine market participants will work with Lloyd’s over the next three months to address speed of payment – a consistent pain point – for a pilot designed to test the ability to pay claims in minutes rather than days.

Lloyd’s...

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Topics

News Lloyd's Re/insurers
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Marcel Le Gouais
Deputy Editor
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