Increase use and deliver further phases of Insurers’ Market Repository

Sponsor : Davdi Hough (LMBC)

Project Manager: Mark Barwick (LMBC)

Timescale: Q1-Q4

Target: 100% of original premium (31st March), 100% of all premium (31st December)

Description: The purpose of this work is to extend the usage and coverage of the Insurers’ Market Repository (IMR) for accounting and settlement. The role of a central repository is proving to be a critical component in moving to paperless processes in the London Market. The IMR was successfully launched for A&S in the second half of 2006. It allows brokers to submit accounting and settlement information electronically either by e-mail, ‘direct load’ or ACORD DRI messages (without manual intervention).

MRG has announced that the van service for A&S submissions will end for original premium on 31st March and for the remaining submissions on 31st December

Document	Date Posted
A&S Repository User guide	30/09/08
A&S Repository Release 4 Market Functional Spec	27/05/08
A&S Repository Release 3 Market Functional Spec	16/03/07
A&S Repository Release 2 Market Functional Spec	16/03/07
Benefits of the A&S Repository	26/05/06
Press release on the end of paper processing for accounting and settlement (A&S) submissions.	19/2/08
Cessation of paper premium processing
A&S Paper Exception Report (Lloyd’s and Company Market)