Coverholder Management
Managing agents face significant challenges with their coverholders:
- Hundreds of binders
- Thousands of Bordeaux per annum, lead and follow
- Need for unified co-ordination of coverholder information
- Varying frequency of reporting, non-standard formats, variable quality of data
This results in some key risks and operational processes that are sub-optimal:
- Difficult to analyse and manage underwriting risks
- Premium management and credit control are inefficient and costly
- Claims management processes can be based on inaccurate data
Axiom has developed a Support Partnership solution of key service components designed to complement and help the work of Binder Managers.
Contact Details
Mark Elliott
Managing Director
Lloyd's Business Market Services
T: +44 (0)20 7767 2973
E: click here to email us
Danny Maleary
Business Development Director T: +44 (0)20 7767 2802
E: click here to email us
Mark Sullivan
Products & Solutions
T: +44 (0)20 7767 2906
E: Click here to email us
Brochure
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