Lloyd’s launches faster-claims-payment pilot for delegated authority business
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

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

Marcel Le Gouais
02 August 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email

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...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsLloyd'sGlobal insurers
LeGouais_Marcel.png
Marcel Le Gouais
Deputy Editor
Gift this article