The value of DDM is in the data that it contains, and this value will increase as more data is added through submissions from coverholders.
More data and enhanced data quality will allow for improved decision making by carriers and in the future provide easier regulatory reporting by Lloyd’s.
See the Lloyd’s Coverholder Reporting Standards.
The Lloyd's Coverholder reporting standards make it easier to work with the Lloyd’s market as there is a consistency in the requests for data from coverholders and Delegated Claims Administrators (DCAs).
The standards state the core set of regulatory, tax, premiums and claims information coverholders and TPAs/DCAs are required to report into Lloyd’s market for all classes of business in all territories.
By using the Lloyd's standards, all coverholders and TPAs/DCAs can be assured that they are meeting all Lloyd's tax and regulatory requirements.
You can easily access the reporting standards for your specific type of binder using the Market Business Glossary. This also includes risk data requirements over and above those needed for regulatory reporting purposes.
Find more information on our data services page.
DDM provides a range of reports that users can generate and access through the Reporting section of the application. These reports are organised under different tabs based on the type and nature of business activity.
Reports are broadly categorised into the following areas:
Some of the key reports available within DDM include:
