Solutions

Solutions

By adopting the new solutions, we’ll achieve our vision to digitalise the marketplace

Delivering solutions for the market 

The success of our digitalisation is dependent on us working together to both deliver our solutions and encourage adoption across the market. 

Our solutions

We’re delivering solutions across open market, delegated authority, and claims. Learn more about these solutions, including our progress, the benefits and where to find out more. 

A computer monitor with a data capture and checklist screen

Accredited placing platform

A placing system used to support risk placement.
A yellow badge with a tick

ACORD Data Standards

ACORD Technical Data Standards will be used to populate the Core Data Record (CDR) and other key data.
A database

Core Data Record (CDR)

A set of standardised, quality transactional data, that empowers downstream processing.
Computer with a step-by-step tracker

Delegated Authority (DA) Claims Status Tracker 

Enabling market participants to track the end-to-end progress of any bordereaux.
Two people standing in front of a whiteboard with a graph on it

Delegated Authority (DA) data strategy

A strategy for delegated authority data.
An iPad with signed contracts on it, next to it is a bar graph and a pencil

Delegated Contract and Oversight Manager (DCOM)

A Lloyd’s platform which currently supports binder registration.
A centralised laptop with a database and document on the screen.

Delegated Data Manager (DDM)

A centralised coverholder reporting system.
A cloud with data lines leading to a laptop with ticks on the screen.

Digital Gateway

An automated risk data validator for central processing.
A computer with a document, a badge and a settings icon on it

Digital Processing Platform for claims (ICOS)

A digital claims processing service which can automate processes.
A computer with a document, a money symbol and a settings icon on it

Digital Processing Platform for premiums (IPOS)

A digital premium accounting and settlement processing service.
A woman with a clock behind and money going towards her

Faster Claims Payment (FCP)

A funding and payment solution, providing fast and direct payment of claim to customers.

Market Reform Contract (MRC) v3

A data-driven, structured contract that enables extraction of key placement processing data.
Get adoption ready

Blueprint Two will be delivered in two phases. At phase one cutover, all market firms must adopt the new digital services.