What is DCOM?
DCOM is a Lloyd’s platform that allows market participants to register binding authority contracts. The platform has been developed in partnership with the market to make it easier to do delegated authority business at Lloyd’s.
Streamlines the management of binding authority agreements.
Better data quality
Captures structured data upfront reducing re-keying of data and enabling faster data processing.
Speeds up future claims payments for delegated authority business.
DCOM is used in the delegated authority placement journey.