Vave looks for external capacity after 'un-delegating' binders underwriting
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Vave looks for external capacity after 'un-delegating' binders underwriting

Fiona Robertson
12 December 2022
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OLD DONT USE OLD

As the London market gets more engaged with digital solutions and automated underwriting, the binders market is perhaps the last space where you’d expect to find innovation.

Delegated authorities, through which around 40% of Lloyd’s business is written, are known for being a slow and manual segment, prone to long delays in the roll-up of information for risk-takers.

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