What is Delegated Authority 2.0? | ITC London Panel | Hercules and Ecliptic скачать в хорошем качестве

What is Delegated Authority 2.0? | ITC London Panel | Hercules and Ecliptic

Andy Fenton, VP of Sales at Hercules, and Paul Bermingham, CEO at Ecliptic, discuss Delegated Authority 2.0 at ITC London 2026. The Delegated Authority (DA) market represents nearly half of Lloyd’s global written premium — yet it remains operationally complex, inefficient, and heavily reliant on email, Excel, and manual processes. Here, Andy and Paul explore why the traditional “DA 1.0” model, while historically successful, is no longer fit for purpose. Increasing regulation, disconnected systems, duplicate data entry, and rising costs are holding the market back — especially as conditions shift from a hard to a soft market where efficiency directly impacts profitability. They discuss what “DA 2.0” looks like: ✔ Eliminating duplication ✔ API-driven connectivity ✔ Clean, consistent data ✔ A single platform across MGAs, brokers, carriers, and TPAs ✔ Better use of binder and bordereaux data for real underwriting insight Even a 1% improvement in claims ratio across Lloyd’s would unlock significant value. The future of Delegated Authority isn’t just digitization — it’s smarter data, lower costs, and better risk decisions.