Subhead in Arial - Marine Claims Conference

Subhead in Arial - Marine Claims Conference

25 October 2007 ECF A GLOBAL SOLUTION? Gordon Street TPE2.19 www.marsh.com TOPICS Current volumes

Status & developments to date Next steps Benefits Challenges Your role ? Marsh 2

CURRENT VOLUMES AT LLOYDS First week October 2007 (All business categories) 45% of In-Scope 35% of all claims 44 Live Brokers (79% total claims volume) 49 Brokers to implement by end of 2007 (Potential total 98% total claims volume).

Marsh 4 INSURERS PARTICIPATION TO DATE 39 out of 43 Managing Agents 12 IUA companies live or implementation 32 IUA companies demo or discussion Marsh Marine approx 80% of In-Scope

Marsh 5 OBJECTIVE Global trading Desktop to Desktop delivery Changed method of delivery of claims information Marsh

6 FIRST PHASE Brokers (some) Lloyds Xchanging repository ACCORD Global standard Marsh

7 SECOND PHASE Lessons learned & developments needed Broker take-up IUA companies Marsh

8 FUTURE Remaining Brokers All IUA companies Other improvements/developments Insurers outside London Market Experts/service providers Marsh

9 BENEFITS Speed of delivery of information Easy access to file for all parties Structured data Audit trails Claims management opportunities Easier communication between everyone

Marsh 10 CHALLENGES Cultural issues Use of face to face discussions Reduce paper Manage inboxes/set priorities

Service levels & resourcing Time taken to process Training Followers questions : delays & problems? Marsh 11 THE OPPORTUNITY

All marine claims practitioners Brokers Lloyds underwriters IUA companies Other insurers Experts Marsh 12

CONCLUSION Marsh 13 www.marsh.com

Recently Viewed Presentations

  • Atlas Definition  a bound collection of maps, tables,

    Atlas Definition a bound collection of maps, tables,

    Arial Arial Black Arial Rounded MT Bold Verdana Default Design Atlas almanac bibliography Works Cited end note foot note cite credentials compare contrast fact opinion problem and solution viewpoint Note-taking skimming summarize lead connation denotation propaganda techniques expository synthesize question...
  • Model-based clustering and validation techniques for gene expression

    Model-based clustering and validation techniques for gene expression

    Block diagonal covariance matrix Missing data Outliers Thank-you's Model-based work: Chris Fraley (Statistics, UW) Alejandro Murua (Statistics, UW) Adrian Raftery (Statistics, UW) Larry Ruzzo (Computer Science, UW) Ovary data: Michel Schummer (Institute of Systems Biology) Common questions How can I...
  • computing game-theoretic solutions

    computing game-theoretic solutions

    Computing Game-Theoretic Solutions. Vincent Conitzer. Duke University (outdated) overview article: V. Conitzer. Computing Game-Theoretic Solutions and Applications to Security.
  • Going Home - ibri.org

    Going Home - ibri.org

    22 But you have come to Mount Zion, to the heavenly Jerusalem, the city of the living God. You have come to thousands upon thousands of angels in joyful assembly, 23 to the church of the firstborn, whose names are...
  • Chapter 3: Producing Data

    Chapter 3: Producing Data

    Ann Landers once asked her female readers whether they would be content with affectionate treatment from men, with no sex ever. Over 90,000 women wrote in, with 72% answering "Yes." Why shouldn't we believe the results of this "poll"? It...
  • EG3213 Spatial Science & Health

    EG3213 Spatial Science & Health

    EG3246 Spatial Science & Health Introduction to Basic Epidemiology Dr Mark Cresswell Topics Definition of Epidemiology Statistical measures Ideas of space & time Modelling and spatial analysis Definition of Epidemiology Epidemiology is the study of the distribution and determinants of...
  • Motion - Olivia Misa

    Motion - Olivia Misa

    In this chemical reaction, chemical potential energy is converted to other forms of energy. GRAVITATIONAL POTENTIAL ENERGY. Energy due to gravitational forces between objects. Together, an object near Earth and Earth itself have gravitational potential energy.
  • 15-1 North & Central African Societies DecisionsDecisions  What

    15-1 North & Central African Societies DecisionsDecisions What

    North and central Africa developed hunting-gathering societies, stateless societies, and Muslim states. Modern African nations often must find ways to include these various peoples and traditions in one society.