Delegated Underwriting Frameworks and Operational Resilience Intertwined

The delegated underwriting model continues to be attractive for Managing Agents, enabling them to write risks across a diverse portfolio and grow their business with the help of third parties. Nonetheless, this model comes with its own challenges which is well known throughout the Lloyd’s market.
Watch our briefing session, delivered by Grant Thornton, where we discuss the key challenges facing the market around delegated underwriting, the need for managing agents to ensure robust control environments exist, with a particular focus on the need for coverholders to be operationally resilient and the impact of not having an adequate operational resilience framework in place.