Connect with Lloyd’s – November 2023

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30/11/2023 | Online Zoom Conferencing or at the MGAA Offices, 1 Minster Court

In-person places are now fully booked, please register to attend online.

Connect with Lloyd’s has changed! All subjects are suggested by MGAA members and this month will include:

  • Overview of Lloyd’s perspective on consumer duty.
  • An overview of DA underwriting performance and where Lloyd’s want to get to and will be working on in 2024.
  • Contracting with Lloyd’s should compare favourably with company market and allow a smoother run: processing data, long-term rolling contracts with 12 months’ notice to compare with company market.
  • Continuous Contracts.
  • Bearing in mind MGA business now makes up nearly 40% of Lloyd’s annual premium income, what resources are being fed back into the community? What more could be done? E.g. DA SATS, Atlas, Xchanging.

Be sure to stick around for the Q&A session at the end, so that you can ask all those burning Lloyd’s-related questions!

Please join us for what promises to be an engaging session.


The presenters will include:

  • Jane Harley (JH) – Head Of Delegated Authorities Oversight, Lloyd’s
  • Keith Stern (KS) – Lloyd’s Regional Manager, UK & Ireland
  • Nick Barnaby (NB) – Customer Oversight Manager, Policyholder & Third Party Oversight, Lloyd’s
  • Stuart Spink (SS) – Head of Delegated Underwriting Performance Markets, Lloyd’s

Agenda:

  • Introduction – Marco Del Carlo – Chair
  • Guest introduction – Bruce Carman, CUO, HIVE Underwriters Ltd
  • Overview of Lloyd’s perspective on consumer duty – NB
  • An overview of DA underwriting performance and where Lloyd’s want to get to and will be working on in 2024 – SS
  • Contracting with Lloyd’s should compare favourably with company market and allow a smoother run: processing data, long-term rolling contracts with 12 months’ notice to compare with company market – ALL
  • Continuous Contracts – ALL
  • Bearing in mind MGA business now makes up nearly 40% of Lloyd’s annual premium income, what resources are being fed back into the community? What more could be done? E.g. DA SATS, Atlas, Xchanging – ALL
  • Questions! – ALL

Content may be used to earn CPD hours, where relevant to your ongoing learning and development programme.

It is your responsibility to determine whether the content is applicable to your learning and development programme, and to retain both the agenda and Forum notes to evidence this, in the event of a CII audit.

It is suggested that 30 minutes of CPD time can be accrued where appropriate, based on the above.