2024-2026
Across 2024-2026, we have been taking the first steps to bring our vision to life, developing the Computable Binding Authority Agreement, setting the stage for a fully digital DA marketplace.
CBAA Development
2024-2026: Developing a Computable Binding Authority Agreement
Across 2024-2026 we have been actively working on bringing the Computable Binding Authority Agreement (CBAA) to life. Our efforts focused on:
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Finalising the drafting, design and modularisation of the CBAA to create a single model wording for the London market that can be used interchangeably between and across markets, classes and territories.
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Designing a digital 'Wording Objects Library' to store the CBAA wording in codified form.
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Creating an API standard which Contract Builders can use to consume the CBAA wording objects.
You can review the CBAA Modules below.

STAGE ONE

Review a video detailing how to read the CBAA Modules

CBAA Programme Overview Video, 2 x Video Slides, FAQs and Deep Dive Dates

STAGE two

Review the CBAA Modules

Module 5 - Scope of Underwriting Authority
Module 1 - Introduction and General Principles
Module 2 - Agreement Status
Module 3 - Amendments
Module 4 - Operational Responsibilities
Module 5 - Underwriting Authority
Module 6 - Remuneration
Module 8 - Claims
Module 9 - Complaints
Module 10 - Reporting
Module 11 - Management of Monies
Module 12 - Termination
Module 13 - Data Protection
Module 14 - General T&Cs

STAGE three

If you have any feedback...

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Module 5 - Scope of Underwriting Authority
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