Background
This consultation was undertaken on behalf of the London Market Group (LMG) Data Council. The purpose of the consultation was to ensure that Treaty specialists had an opportunity to validate a series of changes proposed to the Core Data Record (CDR) to accommodate Treaty business.
The ask
The consultation ran from 22 October 2024 to 14 February 2025. Respondents were asked to complete this Feedback Form
Contacting us about the consultation
If you have any questions on the consultation, please contact the team on: CDR@lloyds.com
The changes proposed
The current scope of the CDR is open market insurance and facultative reinsurance. Changes to enable the CDR for Treaty have been proposed by a cross-market Working Group of Treaty experts run by the LMG Data Council including market associations, brokers, carriers, and service vendors. The Introductory Pack - click here contains details of the changes proposed.
Disclaimer
These changes have been proposed based on information available as of October 2024 and are drafts for review only. We are currently only seeking opinions on the proposed CDR fields for Treaty. A date for usage will be published following review of the consultation feedback.
Further details of the existing CDR
Further details of the Core Data Record can be found on the LIMOSS Market Business Glossary and Core Data Record - Lloyd's (lloyds.com)
Please read the introductory pack first before familiarising yourself with the consultation questions and the supporting material below.
Introductory Pack - click here
This pack provides the background to the consultation and a high level view of the fields being consulted on.
Treaty consultation feedback form - click here
This spreadsheet details the instructions on how to provide feedback as well as the detailed data items that are to be reviewed.
