LUCID

Airmic is introducing an initiative to help members track their current and legacy insurers globally, at both the legal entity and group level. All members will have complimentary access to LUCID,  the new on-line insurer identification and information service from Litmus Analysis.

LUCID assigns individual insurers and reinsurers a unique code that identifies both the specific legal entity and the group to which it belongs. Litmus then monitor changes of name, ownership and domicile as well as moves into run-off and company dissolutions. Its content goes back over 20 years to make it easier to identify legacy carriers even when there have been several changes of name and owner. The service also helps risk managers identify their overall exposure to a group while retaining a record of the exact legal entity providing the cover.

John Hurrell, chief executive if AIRMIC said  “It can be surprisingly challenging and frustrating for risk managers to locate their legacy insurers or reinsurers. Our new service makes this a great deal easier while also helping accurate and efficient placement and reporting of current business.”

‘We are delighted to be working with Airmic. Member feedback will be invaluable in helping us prioritise our research in adding further coverage of both the live and legacy markets globally,’ said Peter Hughes, founding partner at Litmus Analysis.

Airmic members can register for FREE access to this service. Please submit your details here.
(You will need to be a current Airmic member and be logged in to access this page)

Airmic members can register for FREE access to this service.

Please submit your details here.

(You will need to be a current Airmic member and be logged in to access this page)