Lloyds Market Applications

Application Summary: The Noticeboard is an important and useful tool to assist the management and day-to-day operation of the Lloyd’s Agency Network. Access will only be provided to Lloyd's Agents

Relevance: Agency member only

Training Availability: Yes

Login Method: Standard

Usage Type: Lloyd's Agents

Operational Hours: 24/7

Application Summary: ATLAS is a secure web-based system that acts as an electronic filing and online application system for Syndicate Coverholders. It is an online market system for the process of managing Coverholders.

Relevance: Only relevant if syndicate is writing delegated authority business

Training Availability: Yes

Login Method: Standard

Usage Type: Coverholder Administration

Operational Hours: 24/7

Application Summary: Through the auction process, existing syndicate members are able to realise any value attaching to the surrender of all or part of their right to participate on a syndicate for a subsequent year of account.

Relevance: Relevant to all syndicates

Training Availability: Yes

Login Method: Standard

Usage Type: Syndicate participation auctioning

Operational Hours: 24/7

Application Summary: Crystal provides Lloyd's market participants with quick and easy access to international regulatory and taxation requirements.

Relevance: Relevant to all syndicates

Training Availability: Yes

Login Method: Standard

Usage Type: Regulatory information

Operational Hours: 24/7

Application Summary: Delegated Audit Manager is a secure web-based system that was devised primarily to facilitate the co-ordination of audit activity for coverholders who have multiple market counterparties, to minimise the disruption to their underwriting activity. During its design and development its remit has been expanded to cover all coverholder audit activity and incorporate the audit of claims TPAs.

Relevance: Only relevant if syndicate is writing delegated authority business

Training Availability: Yes

Login Method: SSO

Usage Type: Audit activity coordination (coverholders)

Operational Hours: 24/7

Application Summary: Enables managing agents to report regulatory & tax information directly to Lloyd’s for service company business: data is at a transactional level as opposed to reporting information being derived from the bureau accounting process and aggregated.

Relevance: Relevant to syndicates not operating through LIMOSS

Training Availability: Yes

Login Method: Standard

Usage Type: Return submissions

Operational Hours: 24/7

Application Summary: Distribution is the collective term used for the annual central collation of Syndicates’ underwriting results, and the notification and disbursement of net profits to Members and the collection of net losses from Members, via Members’ Agents or directly in the case of Direct Corporate Participants (DCPs). The process forms part of Lloyd’s Premiums Trust Fund and Regulating Trustee responsibilities. It has an annual cycle, and the key period is between February and June

Relevance: Members, via Members’ Agents or directly in the case of Direct Corporate Participants (DCPs)

Training Availability: No

Login Method: Standard

Usage Type: Notification and disbursement of net profits to Members

Operational Hours: 24/7

Application Summary: DOPRINT is a system which allows the Coverholder to import the relevant policyholder details, premium data and to attach PDF files with risk information and policy wordings which form the basis of the insurance certificate. In addition it provides automated checks of each declaration against certain key elements of the Coverholder’s Binding Authority Agreement.

Relevance: Relevant to coverholders doing business in EU

Training Availability: Yes

Login Method: SSO and MFA

Usage Type: Policy administration, API

Operational Hours: 24/7

Application Summary: Application to exchange brokers between broker and italian tenders team. Under EU law requests for the insurance of public resources, such as hospitals, must go to tender if it is predicted that they will be over a certain amount of money. IWT allows Lloyd’s Italian Office to make tender documents available to subscribers in a secure, bi-lingual way.

Relevance: Relevant to coverholders doing business in EU

Training Availability: Yes

Login Method: SSO and MFA

Usage Type: Fileshare

Operational Hours:24/7

Application Summary: Member Services has developed a FAL Online portal for members, third-party capital providers and investment managers with quick and easy access to their Funds at Lloyd’s (FAL) data via Lloyds.com.

Relevance: Relevant to members, third-party capital providers and investment managers

Training Availability: Yes

Login Method: Standard

Usage Type: easy access to Funds at Lloyd’s

Operational Hours: 24/7

Application Summary: Enables members' agents, managing agents and members to model participations and establish Economic Capital Assessment (ECA) requirements

Relevance: Only relevant for spread members proposing to have a new participation in a new syndicate

Training Availability: Yes

Login Method: Standard

Usage Type: Managing Agent ECA Analytics

Operational Hours: Mon-Fri 9-5

Application Summary: MOCHA is a system which allows the Coverholder to capture policyholder details, risk and premium data which forms the basis of the insurance certificate. In addition compliance with certain key elements of the binding authority is verified before the insurance documents are electronically signed.

Relevance: Relevant to coverholders doing business in EU

Training Availability: Yes

Login Method: SSO and MFA

Usage Type: Policy administration

Operational Hours: 24/7

Application Summary: The Risk Locator Tool provides guidance on what to consider when identifying the locations of risk for regulatory and tax purposes. Risk locations determine the territories whose laws, regulations and tax rules apply to an insurance contract. The general principles set out in this guidance should be used in conjunction with country specific information on Crystal.

Relevance: Relevant to all syndicates

Training Availability: Yes

Login Method: Standard

Usage Type: Risk location identifier

Operational Hours: Mon-Fri 9-5

Application Summary: Sits within Crystal login framework and assists the market in identifying whether and how Lloyd’s underwriters or Lloyd’s Europe are able to write a particular risk.

Relevance: Only relevant where a syndicate writes business through Lloyd's Brussels

Training Availability: Yes

Login Method: Standard

Usage Type: Stamp identification

Operational Hours: 24/7

Application Summary: Reporting and settlement of Canadian binding authority business. Also for generating reports for regulatory reporting.

Relevance: Only relevant of writing Candian business

Training Availability: Yes (informal)

Login Method: Standard

Usage Type: Bind authority settlement (Canada)

Operational Hours: 24/7

Application Summary: The MDC Platform provides market participants with improved methods to prepare, validate, review and submit Returns to Lloyd’s.

Relevance: Relevant to all syndicates

Training Availability: Yes

Login Method: SSO and MFA

Usage Type: Submissions

Operational Hours: 24/7

Application Summary: SecureShare is the method used by the Corporation to distribute files to market users and also by market users to upload files to Corporation users via a secure exchange

Relevance: Relevant to all syndicates

Training Availability: Yes

Login Method: SSO and MFA

Usage Type: Fileshare

Operational Hours: 24/7

Application Summary: Database of current/contemporary wordings and clauses regularly used within the London market. To help you achieve contract certainty, the Lloyd's Wordings Repository enables you to view vetted policy wordings and clauses regularly used within the London market.

Relevance: Relevant to all syndicates

Training Availability: Yes

Login Method: Standard

Usage Type: Glossary (contract & policy wordings)

Operational Hours: 24/7