Lloyd’s requests whole account DA data for initial business plan talks
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Lloyd’s requests whole account DA data for initial business plan talks

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Lloyd’s has asked all syndicates to outline their delegated authority (DA) portfolio at a whole account level for syndicate business discussions (SBDs) this year, as part of an enhanced focus on DA performance ahead of business plan reviews.

In a market bulletin on the 2024 business plan and capital approval process, Lloyd’s reiterated the importance of its deep dive into property binders and set out the DA data it will require for initial talks with managing agents.

Lloyd’s...

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