Providing Lloyd's Compliance with the info they need is super simple. Data provided kicks off a series of automated checks.
Contracting for a Coverholder to engage with others for services and capacity is done once.
Centralised compliance means that Managing Agent due diligence checks of Coverholders become an act of confirmation rather than being undertaken from scratch by each involved Managing Agent
System monitors things in real-time, running further automated checks as needed
Coverholder wants to use digital DA Marketplace
Provides personal & company details
Conducts initial entity level due diligence
Reviews & Signs T&Cs
Creates draft proposition
Conducts final entity level due diligence