London Market Association (LMA)
LMA targeting under-30s with committee representation
The Lloyd’s Market Association is to bolster representation for young professionals with representation for under-30s on the LMA market and technical committees.
Industry defends removal of delayed settlement clauses from Insurance Bill
Plans to allow business claimants to seek redress after delays may yet be restored
LMA claims and underwriting boss Humberstone joins Capita
Capita Insurance Services has appointed the London Market Association’s Doug Humberstone as director of shared services.
LMA's Gittings joins XIS board
Xchanging Insurance Services has appointed two new board members including Lloyd's Market Association chief executive David Gittings.
Arctic: Coming in from the cold
As investment increases in the Arctic, what are the opportunities and risks facing insurers in the area?
Xchanging signs claims processing contract with London market
Xchanging has agreed a three-year claims processing contract to support its Lloyd’s customers.
Europe: Ghost vessels
With the Russian cruise vessel M/V Orlova adrift in the Atlantic, the insurance implications of 'ghost vessels' are front of mind
Remote Piloted Aircraft: Game of Drones
With remote piloted aircraft systems – or drones – increasingly used commercially, what are the insurance risks involved?
LMA calls for industry standard on drones
The Lloyd’s Market Association has provided input for a European Commission study on the liability and insurance requirements generated by Remote Piloted Aircraft Systems.
LMA to launch Lloyd’s claims review
The Lloyd’s Market Association has unveiled plans for a review into the quality of claims management in the London market.
LMA demands rapid Competition Commission progress
The Lloyd’s Market Association is pushing for speedy reforms from the Competition Commission’s investigation into motor insurance, suggesting the body circumvents legal change.
International development and modernisation on LMA radar for 2014
The Lloyd’s Market Association will focus its efforts on international market development, market modernisation initiatives and improving the management of third party suppliers during the course of 2014.
Piracy: Safer seas
With a more stable Somalia and improved maritime security, will the downward trend in piracy attacks continue, or will incidents in East African and South-East Asian waters ensure rough seas in future?
Insurers cautious on Arctic voyages says LMA
Underwriters in the Lloyd's market would not be surprised to see proposals for cruise ships transiting Arctic routes to travel in pairs, the Lloyd's Market Association said this week.
Lloyd’s first-ever female CEO Inga Beale signals new era for insurance industry
Canopius CEO’s experience makes her ‘ideal’ replacement for Richard Ward
Editor's comment: Ladies first (at last)
When I joined the insurance market in 2004, just under 10 years ago, the ‘required’ dress code for me to enter the hallowed halls of Lloyd’s of London was a skirt or dress.
LMA power group opens up to companies market
The Lloyd’s Market Association will open up members of its newly-formed power generation panel to the companies insurance market.
Lloyd’s: A period of adjustment
In a challenging year for the market, how is Lloyd’s responding to regulatory changes, international competition and the potential threat posed by passive underwriting structures?
R&Q named preferred credit control provider of LMA
Randall and Quilter has been selected as the preferred provider of credit control services by the Lloyd’s Market Association working group.
LMA group selects Charles Taylor to manage TPA Central Database
Charles Taylor Insurance Services has been appointed to develop and manage the third party claims administrators database by the Lloyd’s Market Association Binding Authority Claims Group following a tender process.
Gooding takes on IMO role for IUMI
The International Union of Marine Insurance has appointed a new representative at the International Maritime Organisation.
LMA launches new e-claim file site
The Lloyd’s Market Association is to launch an electronic claim file website on 18 November.
Industry warns over reputational risk of FCA’s ‘name and shame’ policy
Regulator’s new plans could see individuals under investigation outed publicly.
Career development: LMA Academy wins full CII accreditation
The LMA Academy - the Lloyd's Market Association's professional training and development programme - has received the Chartered Insurance Institute's continuing professional development accreditation for its masterclasses and workshops, and for its…