Design, implementation and running of the Underwriting Management function

To design and run the underwriting management function of this Lloyd’s managing agency

Deploying an experienced underwriting manager to define the working practices, procedures and policies for:

• Underwriting controls
• Exposure management
• Claims
• Reinsurance purchase
• Business planning
• Peer and independent review
• Delegated underwriting

Detailed procedural documentation was developed exceeding the requirements of Lloyd’s Minimum Standards; in tandem a full suite of management and exception reporting was developed and implemented to monitor performance and adherence to standards.

By fielding an experienced underwriting manager with several years’ experience to define the new environment for the client reduced the elapsed time to bring about significant change in the department. In addition, with a close relationship with members of Lloyd’s performance management team the new platform was introduced with engagement and support from Lloyd’s