1. Endorsement Initiative Update Agenda Electronic Support for Endorsements November 2011

2. Endorsement Initiative Update Agenda Use in marine continued after close of pilot Additional classes live from 1 July o Property – Aon / Catlin o Professional Indemnity – Marsh / Beazley o Specie – Willis / Ace Bilateral implementations in further classes All classes live 5 March 2012 Timeline

3. Endorsement Initiative Update Agenda Key issues Alignment of process with underwriter–broker negotiation Response times Volume

4. Endorsement Initiative Update Agenda Alignment of process with negotiation Transmission of data and documents Scratch PROCESSPROCESS Complex negotiation Negotiation Transmission of data and documents

5. Endorsement Initiative Update Agenda Key issues Alignment of process with underwriter–broker negotiation Response times Volume

6. Endorsement Initiative Update Agenda Response times

7. Endorsement Initiative Update Agenda Response times

8. Endorsement Initiative Update Agenda Key issues Alignment of process with underwriter–broker negotiation Response times Volumes

9. Endorsement Initiative Update Agenda Volumes – Exchange Data

10. Endorsement Initiative Update Agenda Volumes – carrier data October 2011 – incomplete data as at 23 November Some estimates included in non-messaging volumes Non-messaging volumes include endorsements from non-participating brokers Messaging #Messaging %Total Marine1,59615.3210,418 Property2134.444,796 Professional Indemnity1566.112,552 Specie1226.142,477 All others950.4521,120 Totals2,2125.3541,363 Messaging Other

11. Endorsement Initiative Update Agenda Volumes – developing engagement www.londonmarketgroup.co.uk

12. Endorsement Initiative Update Agenda What next Carriers continue preparations and ensure readiness for 5 March across all classes minimise response times Brokers – get involved and maximise volumes Look out for increased communications Get involved in project surgeries

13. Endorsement Initiative Update Agenda All classes live: 5 March 2012

14. Endorsement Initiative Update Agenda Questions?

15. LMA Rob Gillies Telephone: 020 7327 8377 Email: robert.gillies@lmalloyds.comrobert.gillies@lmalloyds.com Peter Holdstock Telephone: 020 7327 8383 Email: peter.holdstock@lmalloyds.competer.holdstock@lmalloyds.com LMG Secretariat contact Steve Hulm Telephone: 020 7327 5249 Email: steve.hulm@londonmarketgroup.co.uk steve.hulm@londonmarketgroup.co.uk IUA Contact John Hobbs Telephone: 020 7617 4445 Email: john.hobbs@iua.co.ukjohn.hobbs@iua.co.uk Lloyd’s Contacts James Bobbitt (Technical) Telephone: 020 7327 5248 Email: james.bobbitt@lloyds.com Paul Willoughby (Project Management) Telephone: 020 7327 6634 Email: paul.willoughby@lloyds.compaul.willoughby@lloyds.com Trevor Maddison (Relationships) Telephone: 020 7327 5231 Email: trevor.maddison@lloyds.comtrevor.maddison@lloyds.com LIIBA Contact Chris Buer Telephone: 020 7280 0154 Email: chris.buer@liiba.co.ukchris.buer@liiba.co.uk Contacts