Lloyd's has announced that 13 managing agents and brokers have committed to using the electronic claims infrastructure for new claims from mid-2006.
Lloyd's market reform implementation board chair Iain Saville said four brokers and nine managing agents have signed up to the service.
The 14 are: brokers: Aon, Benfield, JLT, Marsh. Lloyd's managing agents: Amlin, Brit, Faraday, Hiscox, Limit, Marlborough, St. Paul Travelers, SVB, Wellington.
Mr Saville said: “Delivering the electronic infrastructure needed to modernise claims processing in this market is an essential step towards secure and efficient claims handling. But it is only half the battle, and is pointless without the full support and commitment of market firms.”
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