IUA members test London market system

Members of the International Underwriting Association (IUA) have begun a pilot project to test a new electronic system for the London market. The scheme will allow companies to assess new technology designed to make the submission of claims information faster and more transparent.

The project is a key part of the London market's overall reform programme and a similar electronic claims initiative is also underway in the Lloyd's market. IUA members have already used Class (Claims Loss Advice an