ACCOUNTING & SETTLEMENT
Accounting and Settlement in the London Market is transacted using one of a number of mechanisms.
Key documentation in respect of these mechanisms are as follows:-
London Premium Advice Note
The key document required by XIS for and A&S transaction (N.B. Not required for eAccounts, CSRP, Non Bureau)
LPAN Completion Guidelines - August 2017
Updated Delinking User Guide March 2010
The process of submitting premium accounting transaction to the Bureau.
A&S Repository User guide
Mid term broker change implementation guide
Third party access implementation guide
ACORD DRI implementation guide
The process of submitting premium accounting transaction to the Bureau without the use of the LPAN.
eAccounts Implementation Guide
Central Service Refresh Programme
Post Bind Submission - The process of submitting premium accounting transaction to the Bureau using ACORD messaging following the Ruschlikon process.
Non Bureau Accounting (Ruschlikon)
The process of submitting premium accounting transaction to Non- Bureau Carriers using ACORD messaging following the Ruschlikon process.
Non-Bureau Accounting Workshop slides - July 2013
Additional Documentation is available for further information please contact:
Barry LePage at LMG
e-mail: Barry LePage
tel : 020 7327 5596
James Livett at LIIBA
e-mail: James Livett
tel : 020 7280 0152
Peter Griggs at LMA
e-mail: Peter Griggs
tel : 020 7327 8380
Paul Calvert at IUA
e-mail : Paul Calvert
tel : 0207 617 4459
Read more here
Read Press Release
Property and Casualty business is now live on PPL. Read more here
The London Market Group (LMG) today announced the launch of its first ever campaign to promote London as the world’s insurance hub, providing buyers with a clear case for coming to London for solutions to the risks they face. Read more here
Press Release here
For full press release see here
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