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DOCOsoft Becomes a Member of the IUA Family

02 November 2017

DOCOsoft is delighted to announce that it has become an Affiliate member of the International Underwriting Association (IUA), the focal representative and market organisation for non-Lloyd’s international and wholesale insurance and reinsurance companies operating in the London Market.

The IUA has been involved with market modernisation since its inception; consulting, informing members and ensuring that the company market perspective is taken into account at all times. Members are given every opportunity to participate in the design and implementation work for Accounting & Settlement, Electronic Claims and Electronic Placing and are able to share experiences with other members through focused networking groups. DOCOsoft looks forward to helping shape debates about market modernisation, innovation and the impact of market initiatives on claims management.

To read our Affiliate membership page, click here DOCOsoft IUA Page

Operational support for companies 

IUA members can benefit from services including market statistics, compliance guidance, underwriting, claims and other practitioner committees (including Joint IUA/LMA committees), recommendation of good practice, and various publications (e.g. model wordings) to assist practitioners.

Supporting a single voice for companies in the London market 

The IUA is a respected voice in its representation of members’ interests to regulators and legislators in the UK and internationally, including the UK PRA and FCA, EU institutions and the US NAIC, NCOIL, FIO; also with other industry bodies, e.g. Lloyd’s, LIIBA, ABI, ACORD. The IUA’s views are often sought early in major consultation exercises and recognised by opinion formers as a voice to be heard.

Information and research 

IUA members benefit from regular newsletters, market briefings, research projects (e.g. bodily injury studies, sanctions database), alerts to market developments/issues through circulars, opportunities to network, news digests and promotion of education and training.

 

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