London Market Association (LMA)
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.
Lloyd's ECF claims pass 80% target
The percentage of insurance claims managed but Lloyd's Electronic Claims File system has reached 83%, an 8% year-on-year increase.
London Market OKs electronic endorsements
The London Market Group has announced that the electronic endorsements initiative will extend to all classes of business from 5 March 2012.
LMA and government reach agreement on export licences
The Lloyd's Market Association has reached agreement with the UK government to speed up the authorisations Lloyd's and other London market underwriters need to insure the international movement of weapons and military equipment used by the United Nations.
Comment: ELTO is not fit for purpose
Improvements are needed to help people trace their insurance policies, says Peter Watson, managing partner at Simpson Miller.
Career development: LMA names apprenticeship winners
Lloyd’s Market Association has named the winners of its second Lloyd’s Market Academy apprenticeship programme.
In series - On data: An era of androgyny
With gender set to disappear from the underwriting landscape at the end of 2012, what factors will insurers turn to when accessing risk?
Hurst-Bannister joins Xchanging board
London Market stalwart Barnabas Hurst-Bannister is to join the Xchanging Ins-Sure Services board as a non-executive director from March.
LMA names Atkin as new chairman
The chief executive officer of Talbot Underwriting, Rupert Atkin, has been appointed as the new chairman of the Lloyd’s Market Association.
IUA publishes new London Market TOBA
The International Underwriting Association for insurers and brokers has published a new Terms of Business Agreement (TOBA) for use in the London Market.
LMA welcomes OFT claims cost review
The London Market Association has welcomed the Office of Fair Trading’s decision to examine personal motor claims costs.
Career development: MA names new standards manager
The Lloyd’s Market Association has appointed Ben Baker to the role of professional standards manager, as it prepares to launch its new training academy.
LMA explains motor rises to OFT
The Lloyd’s Market Association has issued a plea to the Office of Fair Trading to consider the underlying causes of rising motor premiums before it reports next month.
Global compliance database gets go ahead
London market movers have put aside concerns over competitive advantages to build a jointly owned compliance database for global insurance programmes, providing details of regulations on a territory-by-territory basis.
Marine - Post-IUMI: High seas scrutiny
The recent International Union of Marine Insurance conference underlined the escalating piracy problem and tasked underwriters with delivering a cargo-specific solution.
LMA readies Baker for standards role
The Lloyd’s Market Association’s has promoted senior underwriting executive, Ben Baker, to the role of professional standards manager following the announcement that Terry Hayday is to retire as head of professional services in June.
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?