Market Business Glossary
The Market Business Glossary is now live and available to all market participants. Release 1 of the capability focused on the reporting of premium and claims data for Coverholders, making the process more intuitive and efficient.
Release 2 delivered more content to users including:
- reference data such as Class of Business, Risk Codes, Catastrophe Codes, etc. Further data sets will be published over the first half of 2018;
- building on the existing standards for reporting property risks, standards for Coverholders reporting on other classes have been agreed. This joined-up approach by the London Market is expected to make it easier to provide better quality information and to automate systems and processes.
Over time the Market Business Glossary will evolve with the inclusion of new features and data according to the London Market priorities.
You can register here to start using the Market Business Glossary.
Once you have registered for the Market Business Glossary, please click here to access.
To see a list of the Delegated Authority risk standards currently in the Market Business Glossary, click here.