LIIBA Life episode 3 – Kane and able to move

Keen to return to the club that discovered and nurtured him I understand.  Before he disgraced himself by doing what is known in the trade as a “reverse Sol”.  He’s one of our own.

Amber crud

So you must not go on holiday to a country on the amber list, although it is not illegal to do so.  But it is against government guidance, but you are not being irresponsible if you do.  Got that?

All a bit murky, so this column thought we would help ease your summer woes with our handy cut out and keep guide to the countries on the green list.  Now I am no fan of Portugal.  Actually that isn’t true.  I like Lisbon and Porto.  It is just those Stepford Wives style residential golf complexes on the Algarve that I find creepy.  But anyway you probably know enough about it so we will carry on with the others…

Iceland

Now I know there are some of you who have yet to forgive them for knocking us out of Euro 2016.  But I don’t care much for international football as I have been burdened with a distressing lack of patriotism.  Basically whilst there is a Harry Kane (or, more pertinently, until he moves to the Emirates) I will be ambivalent to England’s results until such time as they look like they might win something.  And cf Gazza, Edward Sheringham, Gary Lineker and Glen Hoddle passim.

 

So I am over the events in Nice five years ago and am prepared to give it a go.  And I believe it has something to offer with geysers, fjords and eye wateringly expensive alcohol.  Like New Zealand without the good bits.

 

New Zealand

Like Iceland, only better.  But we may as well stop there.  Because there is no way Jacinda in going to let you in.  She won’t even let Mrs C in and she is a New Zealander. Which is distressing for her as, and so forth, she wants to see the Whānau, eh?  And it is distressing for me as she hasn’t been for ages and I haven’t been able to have all those things I like and she doesn’t – duck, trout, assorted seafood, monkfish – whilst she is away.

 

Australia

Ditto ScoMo and your chances of getting in.  Which he is saying will stay the case for some time to come.  Which is really only because they are running scared of the Barmy Army roaring our brave Lions on to victory in the Ashes.

You will note that my patrotitis does not extend to cricket.  This is mainly because Mike Brearley was England captain in my formative years and he looked a bit like my dad.

Full disclosure: my experience of Australia amounts to three journeys through Brisbane airport.

 

Brunei

I transited through Brunei once and the food was nice.

 

Falkland Islands

Port Stanley, Goose Green, General Belgrano.  Relive a time when the combined might of Britain’s glorious armed forces was capable of beating an untrained rabble of teenagers hastily assembled by a military junta in desperate straits.  A time when Hermes was the flagship of the world’s most powerful navy, not a dubious delivery firm that definitely stole the iPhone I was trying to send to my niece.  Not the best time of the year weatherwise though.

 

Faroe Islands

They are somewhere near Egypt, presumably?

 

Gibraltar

Prime (ate) spot for the monkey fan.  Good for a spot of money laundering too, allegedly.  But be wary of the fact that our government has only put Gibraltar on this list to annoy the Spanish and the joke may wear thin at any time.

 

Israel

I’d give it a couple of weeks.

 

Singapore

I’ve never been and would quite like to.  So remain annoyed that the WFII meeting there has been cancelled two years running.  And this has just stirred up all that emotion.  Thanks HMG.

 

South Georgia & South Sandwich Islands

Really, really cold

 

St Helena, Ascension & Tristan de Cunha

A bucket list stop for all you Napoleon fans out there.  And why not make your Falklands War experience complete by refuelling your Vulcan bomber on Ascension on your way down.  Tristan is a bit tricks though.  You can only get there via South Africa and that is on the red list

 

In other list based news, I am writing this to you from Casa LIIBA where I am joined today by Isabelle BIPAR.  But she has made a terrible miscalculation.  She has forgotten that her desk is technically in Belgium, which is on the amber list.  So she will have to self-isolate at Sophia’s desk for 10 days before she is allowed home.  Please send food.  And gin.

STEMendous initiative

Hopefully you will all have received the invitation to our webinar on 1st June at 3:45pm.  This is the launch of our planned training event for science, technology, engineering and maths students which we will hold in August.

This promises to be a brilliant way of engaging with young adults from less privileged backgrounds and encouraging them to consider a career in insurance.  We are conscious that the heartland of LIIBA membership is firms that simply do not have the resources to run an event like this for themselves.  So we are organising the week so that people from across the membership can participate in what should be a very rewarding experience.  So please do come and hear from some of our colleagues who have been instrumental in helping us set this up.  And hear how you can get involved.

Register here to secure your place.

Home cinema

As well as the Stem training week launch, we have the following webinars coming up for your delectation and enjoyment

  • LIIBA Snippet – “FCA Fraudulent Claims” – Monday 24th May – last chance to book will be tomorrow lunchtime.  Register here 
  • LIIBA Snippet – Lloyd’s Virtual Room – Wednesday 26th May – last chance to book will be Tuesday lunchtime.  Register here
  • Building the diverse insurance work force Tuesday 1st June – as set out above.  Register here.
  • Digital minds 7th June – how to get involved in this market leading development programme.  Register here
  • Our next Claims Webinar is now 21st June, which may or may not be independence day.  Invite will be sent next week

 

It’s Thursday, it is getting on for five to five and it’s CrakerJackie

 

Well, someone has got to try and breathe some life into this segment.  Here goes.

 

  • LIC SA Operating model: Lloyd’s have produced the first version of the broker toolkit (so many toolkits, I knew I should have bought shares in Halfords), which is available for members to download from the Lloyd’s Europe section of our website library. A broker webinar is being held on Friday and we will continue to keep members updated on developments.

 

  • Lloyd’s DA Programme:
    • Delegated Contract Manager (DCM):

Lloyd’s held the first broker demonstration of the DCM system this week, which is due to replace BARs at the end of next month. For those who were not able to attend, a second event is planned for Wednesday 26th May. Details of how to register for this are in the email attached to the email you probably followed the link to this page from (yes, alright, we haven’t quite thought this through).

Members who have not already booked their training sessions on the new DCM system should contact the DA team directly: DAchangesupport@lloyds.com. We continue to liaise with Lloyd’s about what brokers will see once BAR data has been migrated to DCM (the light?), and what areas should be considered until such time further functionality is available. Following discussion, Lloyd’s have confirmed this week they will be producing a playbook to support the market (how does a playbook differ from a toolkit? Which is better?  There is only one way – no plagiarism – Ed)

 

    • Delegated Data Manager (DDM):

Lloyd’s announced this week its intention to stand up the conditions of trade for DA business, targeting January 2023 renewals. This date is subject to a number of proviso’s, including successful integration between DCM and DDM and a six month transition period (details attached in the email that you etc etc see above). LIIBA’s Facilities Committee will be organising a DDM specific broker webinar to run through implications of the system for brokers and explain the various roles linked to DDM stated on the main binder agreement.

 

  • Claims: As foretold above, LIIBA’s Claims Operations Liaison Group will be holding a claims webinar for brokers on Monday 21st June. Details of the event and how to register will be sent out next week but in addition to the Future at Lloyd’s workstream news, there will updates on other initiatives being managed by COLG and our DA Claims Committee.

 

Collaborate, Debate, Respond

As per our circular earlier in the week, we would strongly encourage you to get involved in the consultation Lloyd’s is currently holding on its core data record proposals.

A core data record that streamlines the process of placement triggering premium payment and on into claims is undoubtedly a good idea.  But we need to make sure that the core data record fulfils this ambition.  That will only happen if as many people as possible subject the plans to close scrutiny.  You have until May 31st and can access the proposals here.  Please do have your say.

London Matters matters

The blessed amongst you will have received a missive from Mrs Brady this week asking for some data for the upcoming fourth edition of the LMG’s London Matters report.  It would be really helpful if you could complete this by the 1st July deadline.  The data the London Matters reports produce are vital to help us explain to governments and regulators around the world why our sector, erm, matters.  And that creates the entry point that allows us to lobby on all sorts of issue that matter to you.

And that is enough mattering.

Silver service

A new report has highlighted that the de facto state of the current civil service is that it is populated by a bunch of poshos (pot, kettle, black).  Indeed circa 72% of the service is found to come from a privileged background.  One of the issues that may or may not be leading to this maintenance of the status quo of the last 50 years is that, inter alia, they seem to talk to each other in Latin about cricket.

Now, it is undoubtedly true that the sine qua non of successful government must be a functioning administrative cohort supporting it.  And this is unlikely to be achieved if large sections of society feel like persona non grata in the civil service.  So, some form of post mortem on the causes of this lack of diversity is vital.  But we do need to ensure that all avenues of potential issues are explored and we do not end up with a post hoc ergo procter hoc conclusion.  Or at least we identify an acceptable quid pro quo (that is enough – Ed)

That’s it.  I’m off for an Australian steak dinner with Liz Truss.