Feedback for group discussion Leaders’ protocol Feedback for group discussion

Group One Q 1 Q2 Useful exercise Current lack of uniformity Where are the teeth CLASS system Lack of market knowledge Privilege issues Q2 Correct figure? Basis? Broker-divide and conquer Lack of dialogue with adjuster

Group One Q3 Q4 No control of adjuster TOE Part III IHC Broker buy-in Market knowledge Standard of care Amend/agree/present Ann

Group Two Concept Essential concept but requires input from all markets Identification of markets is an issue Broker is integral Legal implications and effect? Q1 Ownership of info – broker? Regulatory issues? Timeframes:more general,possible reference to specifics (“unless impracticable”?) Q2 “estimates” versus “reserves” Include ancilliary costs, leaders costs Timeframes:more general Reserve/estimate changes – significant (%?) as opposed to specific amounts

Group Two Q3 Q4 Section 2.3 applies beyond leader Clarify date for agreement, payment Requirement for complete supporting docs Q4 See above for unacceptable elements Notification of contentious claims? What to do about privileged info? Not for this protocol, but experts fees should be addressed

Group Three Q1 Q2 Practical problems Not every claim Broker involvement Legal implications Consistency in reporting Q2 Estimate versus reserve Trigger to revision of estimates Breakdown and consistency

Group Three Q3 Q4 London market less in control Regulatory implications Legal implications Payment trigger Q4 Agreement of all parties Definition of terms