All Supplement - Model Wordings articles
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Roundtable - Model Wordings
ROUNDTABLE PARTICIPANTS:Andy Brookes - Head, Market Reform Programme Office, (Roundtable chair)Victoria Price - Legal Counsel, Reinsurance for ACE European GroupSimon Kilgour - Partner, Reynolds Porter ChamberlainBarbara Chandler - Head of Operations, XchangingKristin van Niekerk - Legal Counsel, Aspen ReSteve Hulm - Consultant, Market Reform Programme OfficePaul Hopkin - Technical Director, ...
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Supplements
Model Wordings - Introduction
As the London market prepares itself for the final contract certainty push, the importance of model wordings has never been so high on the agenda. Contract certainty is defined by the Market Reform Group as "the complete and final agreement of all terms (including signed down lines) between the insured ...
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Supplements
Roundtable Part 3
Andy Brookes: Paul, are your members up for that?Paul Hopkin: Yes I believe they are. I was just having a wry smile at the thought of the broker being stuck in the middle, but that is the case almost by definition. There is an increasing understanding on the part of ...
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Supplements
Roundtable Part 2
Simon Robinson: Therefore, you are talking about the value of that whole package, rather than pure price?Paul Hopkin: Yes.Andy Brookes: Simon you were questioning if insurers accurately price the change in coverage that comes from changing the wording, a world where changes in coverage were clearly priced. Is that a ...