Becoming an ELTO member
All bodies that own current or past EL liabilities for UK employers are invited to join ELTO as members. The Financial Conduct Authority (FCA) has now made it a requirement for such bodies to publish information about EL policies and membership of ELTO will fulfil those obligations.
Currently over 99% of the EL insurance market is already signed up as members of ELTO.
As an ELTO member, an insurer will be required to submit the required data to ELTO in a definitive format and within specified timescales. Insurers will also need to continue tracing historic policies in accordance with ELTO membership rules. ELTO will also operate a sanctions process for late data delivery, and will audit insurers' tracing practices.
For more information see the Benefits of ELTO membership and the ELTO membership application process pages.
Looking for an employers' liability policy?
The Financial Conduct Authority (FCA) has introduced new regulations that compel past and present EL insurers to publish information about their EL policies and make this data searchable. Membership of ELTO satisfies this requirement.
ELTO is now an FCA recognised tracing office, so membership of ELTO satisfies this regulatory requirement.