Lloyd’s Syndicates and the
Guidewire’s ECF Write-Back functionality is the latest investment from
The new Write-Back functionality is designed to provide London Market businesses with greater flexibility when managing and handling claims. It removes duplication and inefficiencies by offering enriched claims data, transparency, and management information while giving near real-time claim notifications.
Through integration with Guidewire ClaimCenter, brokers’ data and documents can flow into the insurers’ own systems within minutes, enabling insurers to interact much more quickly while having the flexibility to build their view of the claim from enhanced pre-agreed data. Each insurer can then respond to the claim, sending data back into the market’s central systems, improving the electronic claim handling and management process, and increasing the degree of interaction.
“Beazley has worked closely with
“ECF Write-Back represents a significant advance for claims processing and resolution in the London Market,” said
“During the last year we have worked very closely with the London Market and our customers there to develop and optimise the integration between
The London Market claims community gathered in the Lloyd’s
iIMR is the Insurers’ Market Repository. This supports the electronic processing of premiums, policies and claims for insurers and brokers in the London Market.