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Structured Data Capture Demonstration

Various sessions 

29 January 2019
14.30 - 15.30, LMA Presentation Room, Gallery 4, Lloyd's
Register now

 

  25 March 2019
14.30 - 15.30, LMA Presentation Room, Gallery 4, Lloyd's
Register now
27 February 2019
14.30 - 15.30, LMA Presentation Room, Gallery 4, Lloyd's
Register now

 


AUDIENCE

Anyone with an interest in SDC. This session is open to LMA & IUA members only.

ABOUT THE EVENT

The Structured Data Captured (SDC) service extracts data from MRC slips into structured ACORD placing message format, which can then be consumed by any IT system where the data is usually re-keyed. Lloyd's managing agents have signed up to the service, and more than 50,000 MRCs have gone through data extraction since go live.

You are invited to register for a demonstration event that will show what can be achieved and outline the benefits to carriers, including:

  • reduced data entry time
  • consistency of information between stakeholders
  • elimination of re-keying errors
  • elimination of query/response activities
  • time savings.

Following the demonstration there will be a chance for questions and answers. The Structured Data Capture service has been developed to automatically extract data items from MRC documents held in formats such as Microsoft Word or PDF and is part of the Target Operation Model (TOM) data integration workstream. All classes of business are catered for, including single and multi sections slips. MRCs can be sent to the service directlyby email, Portal or ACORD Gateway and for any risk on the PPL platform, automatically at Firm Order stage (this will be enhanced to any point in the placing cycle during 2019).

As part of Brexit, for carriers writing European business, SDC is used to extract MRC data and automatically interface into the Lloyd’s Brussels Subsidiary system.

Contact us


Sophie Thorne
Executive Secretary