MGAs need Tom to address regulatory and audit challenges

Lloyd's head of delegated authorities Peter Montanaro has
identified centralisation of key services, concerns surrounding
regulatory changes and excessive auditing as three focus areas for
managing general agents (MGAs) implementing the London market
Target Operating Model (Tom) in 2016.
Speaking at a Managing General Agents' Association briefing
at Lloyd's today (29 February), Montanaro said that delegated
authorities had been placed "front and centre" of the Tom
in 2016, reflecting their impor