What was the PRR Consultation?
Following the near completion of the Core Data Record (CDR), the London Market Group’s (LMG) Data Council put together some suggested recommendations for what the new processes, roles and responsibilities could look like within the target-state data/digital journey. These recommendations were put together based on input from market associations, brokers, carriers and service vendors.
Earlier this year, the LMG Data Council ran a consultation process to sense check the recommendations against the business outcomes required by the market, as well as understand if the processes will address previously identified pain points and opportunities for increased operating effectiveness and efficiency. Please note this is related to the target-state processes in place at the end of the transformation.
Thank you to everyone that shared their input in the Process, Roles and Responsibilities consultation earlier this year.
What did your feedback tell us?
The outcomes of the consultation can be viewed below.
Please note that this is an overview of the market feedback, and not the LMG Data Council’s recommendations to support the market in the implementation of Blueprint Two’s digital solutions.