The London Insurance Market is undergoing major change. As part of a series of modernising reforms, the practice of ‘deal now, detail later’ has become a thing of the past. Now, Managing Agents are required to carry out Quality Assurance checking before binding a risk.
Pre-Bind Checking has therefore become an integral part of the underwriting process, with the Lloyd’s Quality Assurance Tool setting out the definitive question set for any contract.
Actively supporting Lloyd's on this initiative, Capita can provide a seamless solution to your Lloyd’s Quality Assurance compliance requirements.
For more information please contact Pete Daly on 020 7204 7862 or email prebind@capita.co.uk for details of the service.