| Case Studies |
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Scyllogis Consulting have been helping customers within the Insurance sector continue to achieve significantly higher levels of business performance from their data management programmes and information systems since 2001. Read how we have worked with some of these customers to achieve significant business results across the world, in our case studies. |
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Insurance organisations today are no more effective at delivering on large-scale data management initiatives than they were 10 years ago. In a recent survey, 70% of the companies said their data management initiatives did not deliver the expected results. That success rate was unchanged from similar surveys conducted in the 1990's. And the environment for data management is only getting more complex.....
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| Our People |
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At Scyllogis Consulting all of our consultants have significant experience gained from within the Insurance market. Our people and our culture are our greatest assets. We only select people with relevant experience, intelligence, integrity, passion and the ambition to make a mark and deliver to our Customers the Scyllogis brand values of practical, results based consultancy. Our Consultants are pragmatic and open minded. That is why we deliver solutions that others dont..... Read More
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| Glossary of Terms N |
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The following definitions are intended for general guidance only. They do not override or qualify any definition that appears in any byelaw or regulation, in any contract or in any other document. Where a word is shown in italics it is separately defined in the glossary. A ¦ B ¦ C ¦ D ¦ E ¦ F ¦ G ¦ H ¦ I ¦ J ¦ K ¦ L ¦ M ¦ N ¦ O ¦ P ¦ Q ¦ R ¦ S ¦ T ¦ U ¦ V ¦ W ¦ X ¦ Y ¦ Z NameAn individual member underwriting with unlimited liability. Since 6 March 2003 no person has been admitted as a new member to underwrite on an unlimited liability basis. NamecoA company that is a corporate member whose members consist of a single individual or a group of connected individuals or their nominees. Many Namecos were formed by Names who wished to cease underwriting on an unlimited liability basis. Net claimsGross claims less reinsurance recoveries Net premiumThe amount of the premium that is left after the subtraction of some or all permitted deductions such as brokerage and (for certain types of business) profit commission. New Central Fund [*]A fund which is financed by contributions from members which is may be applied by Council of Lloyd’s, at its discretion, to meet a member’s underwriting liabilities in the event that the member is unable to meet those liabilities. Non-disclosure (of a material fact)See duty of disclosure. Nominated memberA member of the Council of Lloyd’s who is not an external member or a working member and whose appointment has been approved by the Governor of the Bank of England. Non-proportional reinsurance
A type of reinsurance in which the reinsurer does not share similar proportions of the premiums earned and the claims incurred by the reassured plus certain associated expenses. Compare proportional reinsurance. |
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| Last Updated ( Thursday, 17 November 2011 ) |
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