1 / 7

WILLIS/XIS ELPAN2 Pilot

WILLIS/XIS ELPAN2 Pilot. Process Overview Graham Card, Willis. May 2008. First the van, now the PAN!. ELPAN2 benefit opportunities include :

hu-pace
Download Presentation

WILLIS/XIS ELPAN2 Pilot

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. WILLIS/XIS ELPAN2 Pilot Process Overview Graham Card, Willis May 2008

  2. First the van, now the PAN! • ELPAN2 benefit opportunities include : • Process redesign – De-linking supported by ELPAN2 supports changes to Willis’ core London Market process (e.g. 100% BSM auto-match supporting pre-cash reconciliation) • Speed – data based process provides opportunity to improve speed of payment to Insurers (e.g. automated pay-as-paid) • Integrity – removing the re-keying of data ensures data integrity and a robust audit trail (e.g. Broker ref 1 and 2) • Common process – the removal of Non-Fundamental splits moves the London Market process model closer to that of other Carriers (e.g. EBOT and ELPAN2 similarities) • Cost reduction – automation and the removal of complexity has reduced the need for expensive technical support. WILLIS/XIS ELPAN2 Pilot

  3. Account Handler • Trinity (Mumbai) • Bureaux Submissions Team CURRENT PROCESS FLOW DIAGRAM BILLING DOCS GENERATED CONVERT DOCS TO PDF ATTACH PDF DOCS TO DIRECT LOAD • For Additional/Return Premium Transactions, associated endorsement documentation is created by account handler and uploaded by the Bureaux Submissions Team (containing underwriter signature) • Fee Transactions also require agreement documentation • Cancel & Replace transactions require amended slip/relevant pages of slip which provide reasoning for cancel and replacement WILLIS/XIS ELPAN2 Pilot

  4. Account Handler • Trinity (Mumbai) • Bureaux Submissions Team PROPOSED PROCESS FLOW DIAGRAM BILLING DOCS GENERATED DOCUMENTS & ATTACHMENTS SELECTED WORK PACKAGE SENT • Documents selected for upload • At point of posting transaction to ledger automatic creation of Technical Account (Financial Account) message • Eclipse validation of mandatory fields & unique work package generation • Work package delivery through XML message via Willis Gateway WILLIS/XIS ELPAN2 Pilot

  5. PROPOSED (ELPAN2) PROCESS • ACORD TA Message • XIS Auto-load • ACORD Level 3 & Level 4 Acknowledgement messages • Fundamental Splits (Non Fundamental splits not provided) • ACORD FA WILLIS/XIS ELPAN2 Pilot

  6. Tasks to be incorporated within XIS/WILLIS plans • Understand the Fundamental Split requirement and propose rules • Action XIS/Willis via joint workshop (support material to include current SoFL LPAN splitting criteria map + existing London Market definitions) • Based on Fundamental Split rules, define and build logic within Eclipse • Action Willis • Define Pilot Implementation approach e.g. Transaction Type, Contract Type, or Business Unit. Agreed approach to be reviewed through plan • Action Willis • Define TA creation and transmission requirements • Action Willis • Review contract certainty rules and overlay to ELPAN2 processes – ensure current rules are compatible, identify opportunities for improvement • Action XIS/Willis • Define process for TA query and rejection • Action XIS/Willis WILLIS/XIS ELPAN2 Pilot

  7. Draft Release Plan WILLIS/XIS ELPAN2 Pilot

More Related