London Market Association (LMA)
Hundreds of London market wordings threatened by Insurance Act
Hundreds of model policy wordings used by the London market may require amendment in light of the new Insurance Act, according to the Lloyd's Market Association.
LMA publishes bluffers guide to claims
The Lloyd’s Market Association has released a bluffer’s guide to claims to help Lloyd’s practitioners understand how ongoing strategic projects, current claims processes and future initiatives fit together.
Motor players warned to innovate amid development of driverless cars
The pressing need for the motor market to alter its business model has been highlighted by the Lloyd’s Market Association and Deutsche Bank this week in light of the ongoing development of driverless car technology.
LMA reissues guidance in face of Greek exit fears
The Lloyd's Market Association has reissued guidance and a model relating to the withdrawal of a country from the Eurozone as doubts about Greece's future intensify.
Market Moves - 22 June 2015
Find out who has moved where in the world of insurance this week.
Market Moves - 18 June 2015
Find out who has moved where in the insurance industry in this week's Market Move's column.
LMA and IUA release Insurance Act guide
The Lloyd's Market Association and the International Underwriting Association have published a guide to the Insurance Act 2015 to help readers understand any potential challenges under the new law.
Canopius' Watson joins LMA board
The Lloyd’s Market Association has appointed six new board members following its annual election process.
Penny Black’s Insurance Week - 30 April 2015
Penny has some sympathy for company recruiters these days, with many fearful of cracking a joke in case a poorly judged remark lands them on the wrong side of an employment tribunal.
Insurance CEOs urged not to overlook valuable talent pool of disabled workforce
A panel of speakers from within the insurance industry, and outside it, has addressed insurance CEOs on the need to increase diversity in the Lloyd’s and London market.
Biba joins Lloyd's diversity charter
The British Insurance Brokers' Association has become an official supporter of the Inclusion At Lloyd's initiative by signing the Lloyd's diversity and inclusion charter.
Quotas not the answer to lack of diversity says CII’s Mistry
Quotas are a form of ‘cheating’ and not the right way to increase diversity in the insurance workforce, according to the president of the Chartered Insurance Institute Ashwin Mistry.
Market Moves - 16 April 2015
Who has moved where this week in the insurance industry.
LMA launches first competitive board election for three years
Eight candidates are fighting it out for six positions on the Lloyd’s Market Association’s governing body in what will be LMA’s first competitive election since 2012.
Under-35s urged to actively shape London market's future
Willis deputy CEO and London Market Group chair Steve Hearn has called on Lloyd's and London market employees under the age of 35 to play an active role in shaping the future of the sector.
Roundtable - Insurance Act: Facing up to the challenges ahead
Having been granted Royal Assent last month, the replacement for the Marine Insurance Act 1906 will come into force in August 2016. How will the industry cope with adapting to the reforms?
Europe: Is Lloyd's losing its global influence?
A study published last year revealed Lloyd's was losing its crown as a global hub and failing to capture market growth. So what does the London Market need to do to rectify this?
LMA issues TRIA guidance note
The Lloyd's Market Association has issued a guidance note to the London insurance market on Terrorism Risk Insurance Act legislation.
LMA claims committee elects new members
Tony Rai of Hiscox, Simon White of Apollo, Sharon Long of Catlin and Ashley Lawrence of Argo have been elected to the Lloyd’s Market Association Claims Committee for a two year term starting from 31 January 2015.
IUA and LMA prepare guidance on Insurance Act changes
The International Underwriting Association and Lloyd’s Market Authority are working with legal specialists to prepare guidance on the impact of the incoming Insurance Act on their members.
Evidence for reinsurance reforms expected to centre around regulation and tax
The cost of regulation, tax and immigration are the themes expected to come under the microscope following a plea for evidence on potential reinsurance reforms by City minister Andrea Leadsom MP.
LMA to offer climate change seminar for CEOs
The Lloyd's Market Association's educational arm has launched a leadership programme with the University of Cambridge to explore the implications of climate change for the insurance industry.
London market bosses’ wish for unified representation unlikely to be realised
Insiders doubtful over aims of CEOs and COOs that were revealed in IUA survey
Trade bodies: Are you being heard?
Legal & General severed ties with the Association of British Insurers for being out of step with the firm, but do trade bodies really listen to and provide value for money for their members?