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Project Information - Electronic policies  More Information

 

As well as processing premiums and claims the IMR also allows the broker to submit policy documentation to Xchanging electronically. Xchanging check the policy and add a digital signature to the policy and then return it via email to the broker.

The process was tested in 2007 and as of May 2008, 61 brokers are using the service and about 30% of policies are now signed electronically. The MRG has set a target that all brokers will be registered for e-policies and that 80% of all policies will be electronic by the end of 2008. For further information contact Mark Barwick

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