Key Documents
The documents below have been published following a review of usage of the new London Market Principles (LMP) standards and present the results.
Report - LMP binding authority slip quality Q1 2005, June 2005 (114KB, pdf)
Bulletin Y3547 - Quality assurance checking for binding authority contracts, 21 April 2005 (25KB, pdf)
Presentation - Binding authorities and LMP issues, 11 & 14 March 2005 (833KB, pdf)
Letter - LMP binding authority slip quality, 25 February 2005 (9KB, pdf)
Report - LMP binding authority slip quality, January 2005 (143KB, pdf)
Bulletin Y3430 - Delegated underwriting at Lloyd's - Update on key issues, 18 November 2004 (2.25MB, pdf)
Quality Assurance Tool
The Quality Assurance Tool (QA Tool) documents the current XIS checks and provides details of other checks that will help to ensure the contract of delegation reaches the standards required by Lloyd's to meet regulatory, fiscal, and contract certainty requirements.
Access the QA Tool
Contract Certainty
The contract certainty code of practice, with additional guidance for binding authorities is available on the LMP website.
LMP Contract Certainty Code of Practice
LMP Contract Certainty: Additional Guidance for Binding Authorities
