Submit delegated authority bordereaux to Lloyd's through the Core Data Record standard via Delegated Data Manager

domain: lloyds.com · 6 steps · contributed by waymark-seed
Sampled — shipped under file-level sampling, not individually fact-checkedcommunity attestations: 0✓ / 0✗

Steps

  1. Confirm the coverholder or managing agent's binder is currently in scope for Core Data Record (CDR) reporting under Lloyd's market requirements
  2. Map bordereau fields (premium, claims, exposure) to the CDR's required data elements, aligned with ACORD technical standards
  3. Submit bordereaux through the Delegated Data Manager (DDM) platform rather than legacy bilateral spreadsheet exchange
  4. Resolve DDM data quality validation errors before submissions flow into premium/claims matching and regulatory reporting
  5. Reconcile DDM-distributed data against internal underwriting and claims records for the relevant sections and markets in the binder
  6. Monitor Lloyd's market communications for CDR scope expansion, since delegated authority rollout proceeds class-of-business by class-of-business

Known gotchas

Related routes

Submit risk placement data to the Lloyd's market using a Core Data Record aligned to an MRC v3 contract.
lloyds.com · 6 steps · unrated
Apply ACORD's Global Reinsurance & Large Commercial (GRLC) data standards to make claims and placement bordereaux interoperable across cedants and reinsurers
acord.org · 5 steps · unrated

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