Lloyd's - Ownership and exposure capture
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Exposure management and assessment
Lloyd's Market
Performance management framework
Franchise Standards
Underwriting management
Exposure management and assessment
Ownership and exposure capture
Structured approach to exposure management
Consistency of approach
Ownership and exposure capture
Ownership
It is expected that the managing agent’s board will approve the approaches being used for exposure management, including loss modelling and will incorporate the modelled outputs within their overall business planning and review process.
Expected features for exposure capture
100% of all relevant risks (policies) have been captured in an appropriate manner.
Each new risk is added to the data being modelled as soon as possible.
Last updated on 04 May 2007
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