London Market Association (LMA)
This Week in Post: Surprises and savings
Getting a nasty surprise when the bill arrives is a feeling many of us have experienced. Some insured losses are no different.
LMA's Lee Elliston on taking action on delegated claims
The 300-year-old Lloyd's market is changing, says Lee Elliston, claims director, Lloyd's Market Association. The Target Operating Model has seen Lloyd's focus on boosting efficiency and bringing business benefits to market participants. Now the LMA is…
LMA names Navigators’ Cameron as CEO
The Lloyd’s Market Association has named Sheila Cameron, currently head of International Operations at Navigators Underwriting, as CEO.
Lloyd’s managing agents call for greater ILS use
Some 80% of Lloyd’s managing agents would like to see insurance-linked securities become a permanent fixture in the reinsurance and insurance market.
LMG names Lebecq as CEO
The London Market Group has named JLT Speciality operation director Clare Lebecq as CEO.
Dive In 2018 launches, saying it's #time4inclusion
The Chickenshed theatre company gave a moving and uplifting performance outside the Lloyd’s building for the official launch of the fourth Dive In festival, whose theme this year is #time4inclusion.
Analysis: Lloyd's of London going electronic
The challenges of bringing Lloyd’s trading into the 21st century
London market bosses to prioritise modernisation
Market modernisation, underwriting systems upgrades, and Brexit preparations are the top three 2018 priorities of Lloyd’s market chief operating officers, according to survey findings.
London Market launches permanent body to manage market services
The London Market Group has launched London Insurance Market Operations & Strategic Sourcing, a permanent body to manage market services.
Analysis: Business interruption - Lost in translation
Specific terms and technical meanings can be misinterpreted and the difference in language used by insurers and insureds could lead to underinsurance when taking out business interruption cover
This week in Post: Why insurers should head to a Maths Jam
This week I attended my first Maths Jam, a gathering of self-confessed maths enthusiasts who get together in a pub and share stuff they like.
Lloyd’s confirms electronic placement mandate
Members of the Lloyd’s market must process 30% of risks electronically by the end of the year, following a mandate from the Lloyd’s Board and Council.
Beazley to step down as LMG CEO
London Market Group CEO Chris Beazley is to step down in the summer of 2018.
London market makes ‘significant step’ with new claims model
The London market has launched a claims model to simplify how claims are handled in an effort to improve client service and streamline claims agreement across the market.
London market training goes international
The Lloyd's Market Association will begin offering a range of technical programmes and courses internationally.
Structured Data Capture now live for all classes of business
The first phase of Structured Data Capture is now complete and live across all classes of business in the Lloyd’s market.
London market issue guide on GDPR
Trade bodies from across the London market have published guidance to help members navigate the impending implementation of the General Data Protection Regulation.
Industry welcomes ILS legislation approval
The insurance sector has welcomed the decision taken yesterday by the Delegated Legislation Committee in Parliament to allow proposed insurance-linked securities regulations to pass.
Roundtable: Modernising the London market
For years, Lloyd’s of London has been grappling with the challenges of modernisation. As businesses within the London market come under increasing competition and margins are challenged, both Lloyd’s and the wider market are focusing greater energies on…
LMG outlines post-Brexit free trade agreement
The London Market Group has outlined a free trade agreement for the insurance sector to help the industry navigate trade issues during Brexit negotiations.
PPL update goes live with carrier integration capability
The latest update to the London market’s electronic placing platform went live today, bringing the first phase of a carrier integration capability.
Analysis: Modernising the market: how Lloyd’s of London is grappling with the task
Lloyd’s of London is again proving its appetite for development
Charles Taylor win delegated authority contract from LMG
Charles Taylor InsureTech has been named as the London Market Groups preferred vendor for its delegated authority data project.