Delegated Authority
All the resources and tools you need to adopt Lloyd’s delegated authority systems
This section contains useful materials developed by Lloyd’s Change Team to support Managing Agent, Broker and Coverholder Change Leads in driving adoption of delegated authority system changes within their organisations. It has been designed to ensure that Change Leads and supporting teams are equipped with the necessary guidance to ensure market firms are ready to adopt planned changes to Lloyd’s delegated authority systems and processes in 2021.
DCOM Release 1 Business Readiness Checklist
May 14 2021
Training
Devolved Admins: Book slot for Devolved Admin training
Start date: 19/04/21 | Due date: 14/05/21
May 15 2021
Readiness
DA Change Lead: User permissions are clearly documented ahead of Devolved Admins attending training
Start date: 16/03/21 | Due date: 15/05/21
May 27 2021
Readiness
DA Change Lead: Attend deep-dive demo(s) with Compliance and Heads of DA
Start date: 20/05/2021 | Due date: 27/05/2021
May 28 2021
Onboarding
Legal Signatory: Sign Market User Agreement
Start date: 03/05/21 | Due date: 28/05/21
June 04 2021
Onboarding
Authorised Contact: Create, approve and manage organisations Devolved Administrators
Start date: 01/06/2021 | Due date: 04/06/2021
June 04 2021
Training
Devolved Admins: Attend Devolved Admin training
Start date: 17/05/2021 | Due date: 04/6/2021
June 18 2021
Onboarding:
Devolved Admins: Create users and configure their access to DCOM
Start date: 14/06/2021 | Due date: 18/06/2021
June 28 2021
Go-Live
System Go-Live
Start date: 28/06/21 | Due date: 28/06/21
June 28 2021
Readiness
DA Change Lead: Issue internal communication notifying colleagues of DCOM go-live
Start date: 28/06/21 | Due date: 28/06/21
June 28 2021
Training
Priority DCOM users: Book slot for pre-go live instructor-led training session
Start date: 24/05/2021 | End date: 28/06/2021
June 28 2021
Training
Priority DCOM users: Attend instructor-led training session
Start date: 07/06/2021 | Due date: 28/06/2021
Business Readiness Toolkit
Guide developed to support Change Leads through the system changes
Business Readiness Support Sessions
Useful presentations and webinar recordings from Lloyd’s business readiness support sessions.
Delegated Authority Programme Updates
23 March 2021 Update on Delegated Contract and Oversight Manager launch – get ready
On 23 March we announced our plans to roll out the contract management aspect of DCOM to the market at the end of June 2021. Read on to find out Lloyd’s approach for onboarding and training market firms.
04 March 2021 Update on the Conditions of Trade
Lloyd’s announces it will no longer be requiring all market firms to submit delegated authority data on Delegated Data Manager from H2 2021. Find out about the phased approach to adoption that we will be implementing and how you can get involved.