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

  • Acute Diarrhea

    Acute Diarrhea

    Irritable bowel syndrome Early Refeeding Luminal contents help promote growth of new enterocytes and facilitate mucosal repair Can shorten duration of the disease Lactose restriction is not necessary except in severe disease Symptomatic Treatment Only in patients who are afebrile...
  • Sensation and Perception - Ms. Brunink's Courses

    Sensation and Perception - Ms. Brunink's Courses

    Figure 4.8The spectrum of electromagnetic energy This spectrum ranges from gamma rays as short as the diameter of an atom to radio waves over a mile long. The narrow band of wavelengths visible to the human eye (shown enlarged) extends...
  • Creating Robust, Maintainable Coded UI Tests with Visual ...

    Creating Robust, Maintainable Coded UI Tests with Visual ...

    Creating Robust, Maintainable Coded UI Tests with Visual Studio 2012 . Eric Maino. Senior Developer. Microsoft Corporation. DEV312. ... DEV17-HOL Explore the New Unit Testing and Code Clone Capabilities of Visual Studio 11. Photo Credit: Terry Adams, C# Team.
  • Unit I:Early Humans and Societies

    Unit I:Early Humans and Societies

    History shapes our identity and teaches us values that we . share. Common Core Standard: Reading Informational Texts R.I.8.2, Key Ideas and Details. Determine a central idea of a text and analyze its development over the course of the text,...
  • Briefing on SEND reforms Wednesday 24th September 2014

    Briefing on SEND reforms Wednesday 24th September 2014

    Equality and Inclusion. Curriculum. Identifying SEN. ... and health visitors, should work with the family, support them to understand their child's needs and help them to access early support. ... • informing parents of and working with local impartial information,...
  • Project Report - SAL

    Project Report - SAL

    Creating a Project Report. Tutorial I: Radar Introduction and basic concepts Outline Introduction to radar Radar history Radar principles Radar category Two important concepts Doppler effect Matched filter Radar history First radar test (1904) German high frequency engineer Christian Hulsmeyer...
  • On completing suicide reviews… - FMHAC

    On completing suicide reviews… - FMHAC

    Aaron Hernandez was an ex-NFL player sentenced to Life for murder in Massachusetts. When discovered at his death:-His cell door was stuffed with cardboard (to slow officer's entry) and large amounts of shampoo and/or lotion covered the floor (making the...
  • GNSS Security - University of Texas at Austin

    GNSS Security - University of Texas at Austin

    The University of Texas at Austin. GPS World Webinar | September 18, 2014. University of Texas Radionavigation Lab graduate students Jahshan Bhatti, Kyle Wesson, Ken Pesyna, Zak Kassas, Daniel Shepard, Andrew Kerns, and Nathan Green. ... It's not even close.