Lloyd's provides ACORD membership for all coverholders
Providing Lloyd’s coverholders with ACORD membership will continue Lloyd’s support of the London Market Target Operating Model (TOM).
Lloyd's is pleased to announce that all coverholders are now eligible for a free custom ACORD membership. Lloyd's coverholders will have access to ACORD Delegated Authority Data Standards, information, training, and other valuable resources.
The modernization work under the banner of TOM is making further strides towards creating a market that is highly accessible, efficiently run, and relevant to the needs of customers. Providing coverholders with access to ACORD resources will make it easier for them to do business with the London Market and enable them to engage in the DA SATS (Delegated Authority Submission Access and Transformation) phase of the TOM initiative. This is about delivering better solutions to our customers with smoother processing in a more consistent manner, and enabling one touch data capture for the London Market.Shirine Khoury-Haq, Lloyd’s Chief Operating Officer