London Market Association (LMA)
IUMI Preview: Charting a course
With the sector suffering major losses, long-term sustainability is high on the agenda at this year’s International Union of Marine Insurance conference. Can the market navigate the choppy waters?
Piper Alpha: 25 years on
A quarter of a century on from the Piper Alpha oil platform disaster, how has the industry learnt from the difficulties it faced in the aftermath – and what has been done to stop such a tragedy occurring again?
LMA to join government maritime security committee
The Lloyd’s Market Association has been invited to join a new government committee monitoring security at UK ports and harbours.
Argo International hires Brit's Jackson as head of compliance
Lloyd’s insurer Argo International has appointed Mike Jackson as head of compliance.
Airmic’s basis contract clause campaign bolstered by heavy hitters
Lloyd’s market remains reticent to address elimination of avoidance clauses.
LMA unveils new binding authority agreements
The Loyd's Market Association has reduced the number of wordings of binding authority agreements from nine to three, following a following an 18-month long review.
Whiplash: Whipping up a storm
As the debate about bogus whiplash claims rumbles on, opinion is divided on whether two investigations into the issue are warranted and what impact they will have
LMA unveils plan to cut whiplash bill
The Lloyd’s Market Association has laid out a five-point plan for reducing the annual cost paid out of over £2bn for whiplash claims.
LMA completes marine claims standardisation project
The Lloyd’s market association has completed a year-long project to standardise engagement terms for marine surveyors and loss adjusters working in the London market.
LMA teams up with IUA to run cross-market aviation committee
The Lloyd's Market Association will share the running of a cross-market aviation committee with the International Underwriting Association.
Lloyd's managing agents offered guidance on Eurozone exit
Lloyd's managing agents have been given new guidance on how insurance and reinsurance contracts may react in the event of a Eurozone exit.
LMA issues Eurozone exit advice
The Lloyd's Market Association and law firm Clyde & Co have issued guidance on the impact on insurance and reinsurance contracts of a Eurozone exit for managing agents.
New LMA property risks wordings to provide clarity for underwriters
A new standard wording for power and utility property risks placed in the Lloyd's market was unveiled at this week's London Power Forum.
Market moves: Busy week sees major hires at Travelers and Giles
In a busy week of recruitment for insurers and brokers, certain firms strengthened their reputations as companies with a real appetite for employment.
Amlin's Beale joins LMA board
Simon Beale, Amlin's chief underwriting officer, has joined the board of the Lloyd's Market Association.
Amlin chief underwriting officer takes up LMA seat
Simon Beale, pictured, has joined the board of the London Market Association.
Insurance Fraud Register to be accessible to life and Lloyd's markets
The Insurance Fraud Register is to be rolled out to the life insurance and Lloyd's markets once it is fully operational in the UK general insurance sector.
IUMI 2012 preview: The agenda
Despite positives for the sector, including a reduction in piracy, this year's International Union of Marine Insurance conference in San Diego looks set to be dominated by the loss of the Costa Concordia.
Lloyd's launches underwriting review
The Lloyd's Market Association is reviewing the way contingent business interruption cover is written in the Lloyd's market following a string of major catastrophes last year.
Industry role for Canopius claims boss
Mike East, head of operations and claims at Canopius Managing Agents, has been named as the new chairman of the Lloyd's Market Association's claims committee.
Market moves: Broking steps up the recruitment push
This week the recruitment space belonged to the broking community, which saw major moves across the sector. In the past seven days, Willis, Lorica, Giles and Lockton all named new senior staff.
Four candidates win place on LMA board following 2012 election
The Lloyd's Market Association has named four successful candidates in the 2012 election for membership to its board.
Election grips Lloyd's Market Association
The Lloyd's Market Association is facing the most competitive election in its 11-year history for four new members of the governing body.
LMA to put co-lead binder claims on ECF
The Lloyd's Market Association has launched a project to increase the volume of co-lead binder claims being managed using the market's ECF electronic claims handling system.