Designed with Insurance Knowledge
Powerful Solutions
The flexibility of the LDSL services within the (Re) Insurance industry are available as a result of the experience of the founder members of LDSL and its Directorship. Knowledge gained from careers spanning Accountancy to Arbitration enables the enhancement of business flow through professional adoption of proven practices and cutting edge AI application.
Due Diligence Reviews with LDSL’s DRP Platform
By adopting unique data pattern recognition software and coupling with (Re) Insurance Accounting and Technical expertise, LDSL will provide a snapshot review of your portfolio within days.
We Understand Your Market
With over 30 years of Insurance and Reinsurance experience, LDSL can support a niche market requiring specialist experience alongside digital innovation. Starting with an initial focus on reinsurance inspections & arbitration support, and leading to catastrophe recovery systems implementation; LDSL has developed a platform specifically for the insurance market to support data clarity and claims management functions.
No More Data Corruption
Data Integrity and ‘flow’ transparency created and mapped via the application of transformation modules gives Underwriters and Client Managers the confidence in the performance of their portfolio.
Expertise
LDSL demand experience in account interrogation. Utilising on-demand accounting procedures coupled with our account interrogation module offers statistical modelling forecasting that only a software / individual coupling can successfully provide.
Reinsurance ‘As-If’ Solution
Employing a similar approach to the on-demand LDSL accounting module, a confidence in the application of current and future programming can be re-inforced with a software / individual approach to the reinsurance programme build offering the ability to test multiple scenarios prior to going ‘live’ with the purchased programme order.
Proactive Approach
Dealing with negative situations and converting to positive outcomes through the aerial overview of account, innovative solutions, and application of AI technology – the LDSL vision employs all available assets to deliver the finest answers.
Outcome Based Results
Fully Operational Application
LDSL has produced an algorithm-based platform that can identify incorrect transaction allocation within a given (Re) Insurance network. Months of research & development in programme application matched with years of industry experience has delivered a unique process that allows data modellers to identify corrupt and / or misallocated data within a fraction of the time that similar manual due diligence processes demand. Empirical data mapped throughout a company’s underwriting and reinsurance programme provides the vital baseline for AI technology to refine and repurpose the target data to its origins.
Better Cash Flow
In offering a smoother transition from source to delivery for transaction management gives confidence in financial budgeting and security of processing operations. The DRP terms of engagement – search, discover and repair – unlocks unallocated transaction values, enhancing P&L and Balance sheet results.
Recovery & Processing of Unknown Debt
Funds previously unavailable for allocation are re-routed following the application of the LDSL DRP process, to their correct destination providing greater certainty in the available capacity of Underwriters and their reinsurance programmes. Unknown debt as a net liability penalises the ratings and distorts the exposure of Insurers and Reinsurers alike
Clarity & Actionable Data
Transparency of the transaction and its journey from ‘Gross to Net’ on a proven Network offers surety to the Management Team when dealing with hostile enquiries for Inspection and / or Due Diligence audits for proposed Portfolio purchases or takeovers. Employing a process that delivers immediate oversight of any book of business and a subsequent level of granularity (as demand requires) allows the owner a flexibility of response otherwise unimaginable in such circumstances.
Consolidation of Data
Accurate loss aggregation analysis for gross line exposure and the availability of reinsurance recovery is only achieved by rigorous modelling but then is only as accurate as the underlying data. Miscoded and misrouted claims misrepresent the Ultimate Net Loss (UNL) of a company’s liability and will leave purchased reinsurance protection unavailable for abatement. The Data Remediation Platform offers an AI solution that eradicates even the smallest contaminated value allowing for the maximum number of claims to be aggregated accurately.
Remodelling of Portfolios
Pooling of resources across disciplines offers the opportunity to provide ‘What if’ scenarios following the application of the LDSL DRP process. The experience available within the team – Accountancy, Programme Development & (Re) Insurance Claims and Technical Management – lends itself to rebuilding Gross to Net Inwards scenarios for any given combination of alternative outcomes based on the corrected and re-aligned data. Coupled with a Syndicate and Company Data History data base a variable net liability scenario is also available for consideration.