Capita Insurance Services has launched a checking service that supports the Lloyd’s pre-bind quality assurance initiative...

Capita Insurance Services has launched a new pre-bind checking service for Lloyd’s managing agents.

Using Lloyd’s-approved software from Adsensa the product provides a checking service on a fully outsourced basis and supports the Lloyd’s pre-bind quality assurance initiative (PBQA).

Kate Roy, managing director of Capita London Market, commented: “Capita has a wealth of experience in managing all elements of data capture for London Market companies, making us the ideal outsourcing partner Lloyd’s Quality Assurance compliance requirements. This new initiative is not just about process, it is about adding value. Our insurance professionals have long-standing relationships and expertise in working with managing agents of all sizes and this service brings together cutting-edge technology with the best people in the business.”

“This service underlines our commitment to being at the forefront of market reform and our support for bringing transparency, accuracy and efficiency to the London Market.”