Control Framework. A warm Welcome to the December market Breakfast Group. Control Framework. Breakfast Group agenda. 9:00 Festive arrival, breakfast & networking All 9:20 Christmas welcome Ali Dove 9:25 Lloyd’s International Trading Advice Giles Taylor ( LITA) Developments
9:00 Festive arrival, breakfast & networking All
9:20 Christmas welcome Ali Dove
9:25 Lloyd’s International Trading Advice Giles Taylor
9:40 Phase II update and a round-up of the year’s Jaana Rouvari
For something a little different….
10:00 Lloyd’s in Social Media Lucy Dawson &
10:15 Q & A All
10:30 Close Ali Dove
Giles Taylor, Senior Manager, LITA
11 December 2013
Approximately 40-45,000 reports are run on Crystal per month.
Approximately 12,000 reports are run per month whilst the user is signed into Crystal (accessing the secure content).
Around 30,000 of these reports are run by users who have not signed into Crystal (and are therefore accessing limited content only).
Source: Crystal Usage Stats, Dec 2013
Aim: Assess the need for -
* At provincial level, Alberta, British Columbia, Manitoba, Ontario, Quebec, Saskatchewan
** At state level, California, Florida, Illinois, Louisiana, Maryland, New Jersey, New York, North Carolina, South Carolina, Texas
Initial meetings with managing agents
Managing agent has project resources in place
Coverholder risk rating exercise
Risk ratings reflected in audit schedules
Confirm delivery timeline to Lloyd’s
Understand level of involvement from brokers
Discuss what evidence of controls operated by brokers does the managing agent need?
What evidence can be provided by the broker?
Improved our understanding of the broker’s role
Came up with some suggestions for methods of sharing information
Captured some additional improvement suggestions
Kassy Dignam & Lucy Dawson
Digital Communications Managers
Thank you, Any questions?
Further information on Control Framework – firstname.lastname@example.org
Next Breakfast Meeting – 21st January 2014