The London Market Group has launched a 12-week consultation seeking feedback on proposals to introduce additional data points for open market claims and to clarify those already in the placing core data record that are required for claims. The CDR supports market digitisation by providing a standardised set of data points.

Briefing sessions on the consultation will be run by the International Underwriting Association, the London and International Insurance Brokers’ Association and the Lloyd’s Market Association.

Joe Brace, member of the data council and operations director of the Lloyd’s Market Association, said: “The extension of the CDR into claims is an important milestone that brings placement and claims data a step closer together, allowing insurers and brokers to understand more clearly the links between risks underwritten and claims made.”

The LMG said the claims consultation builds on the open market CDR released in 2023 and the treaty CDR about to be released in January 2026. It said further CDR enhancements were planned for delegated authority in the coming year.