Governance
The governance of DAM has been designed to involve market participants in the development and running of the platform.
The governance is outlined below:
DAM Steering Group
This is the decision-making group to prioritise the ongoing development of DAM. The DAM Steering Group is chaired by a senior market participant, facilitated by LIMOSS, and has representation from Managing Agents, Coverholders, brokers, LIMOSS, Lloyd’s, market associations and the suppliers (Coforge, PEGA, Toonimo).
DAM User Group
DAM will be supported by the DAM User Group.
This will be chaired by a market participant (Chair TBC) and managed by LIMOSS.
It will meet on a monthly basis and cover the following topics: