Electronic processing lags behind MRG's target
The Market Reform Group found that 45% of the total market volume of in-scope claims are being processed electronically, falling short of MRG's target of 60% for the end of Q3.
The Lloyd’s market has recently seen the 10,000th claim to be notified electronically. Use of the new system by managing agents and brokers is currently running at 45% of the total market volume of in
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