London Market Association (LMA)
LMA satellite service launches for nat cat claims
The Lloyd’s Market Association is to fund a satellite imagery and intelligence service that will enable improvements to claims processes and exposure management before and after a natural catastrophe.
Analysis: London’s global reinsurance market share falling as rivals take a bigger slice
London Matters Report highlights key areas of concern
Dive In to delve into the 'Diversity Dividend'
The 'Diversity Dividend' is the theme of the third edition of the Dive In festival taking place in September.
LMA launches claims management hub for Lloyd’s carriers
The London Market Association has approved the creation of a claims expert management hub for Lloyd’s carriers.
Government to introduce ILS framework in the autumn
The Government is to introduce a framework for Insurance Linked Securities before parliament with the hope of getting it up and running in the autumn, the Economic Secretary to the Treasury, has said.
LMA forms members’ agents committee
The Lloyd’s Market Association has formed a members’ agents committee, which will represent the interests and priorities of providers and advisers of third party capital at Lloyd’s.
LMA calls for discount rate change
The Lloyd’s Market Association has called for major changes to the way the personal injury discount rate is set.
Trade voice: MGAA on empowering Millennials
Over the past few months, the board of the Managing General Agents' Association has set a new five-year strategy, Peter Staddon, its managing director, questions what the world will look like then.
ABI holds cross-sector roundtable on discount rate
The Association of British Insurers held a cross-sector roundtable yesterday to discuss the reduction to the Ogden discount rate.
Industry wary of consultation on 'virtually unenforceable' Vnuk ruling
Industry bodies have raised concerns about the government’s consultation on the ‘Vnuk judgement’, saying that it could lead to increased costs and fraud.
Enterprise Act: Paying the price for paying late
With the Enterprise Act coming into force on 4 May, policyholders will now be able to claim damages for late payment of claims. Are insurers ready?
Lloyd’s faces 'structural revolution' as market challenges drive change, says Macquarie
Lloyd’s will undergo a “structural revolution” as digital innovation and alternative capital sources impact the market, according to Macquarie Research.
LMA leads industry call for data protection law change
The Lloyd’s Market Association has coordinated an industry response calling for the Information Commissioner's Office to change its guidance over incoming data protection rules from the European Union.
LMA adds five to board
Five C-suite level executives have been elected to the Lloyd’s Market Association board.
LMG seeks new EU cross-border deal for market
The London Market Group has called for a new trade deal between the UK and the European Union that will allow insurers to operate across borders.
Blog: Insuring automated vehicles will require data sharing
Private and commercial vehicles with advanced automated functions are going to gradually enter the UK market over the next few years. In addition to changes to the regulations governing vehicle type-approval, a number of amendments need to be made to the…
Whiplash consultation now closed
The government's whiplash consultation deadline has now passed.
Lloyd's Market Association appoints Tom Hamill to lead delegated authority matters
The Lloyd’s Market Association has appointed Tom Hamill as senior executive, underwriting. Hammill will lead on all delegated authority matters, including binding authorities, lineslips, consortia and other facilities.
State of the Nation: Lloyd's and the London Market: Innovation and modernisation
The London Market is keen to encourage innovation, but that will involve overturning tried and tested practices and bringing through the younger generation
Europe: Crewless ships ready to sail
Could crewless ships be docking somewhere near to you anytime soon? It is beginning to look like it.
Claims: Claims side leads way towards a digital Lloyd's
Lloyd’s of London, like the London market as a whole, is becoming more urgent about getting up to speed with modern technology – and claims is leading the way
LMA adds four to board
Four candidates have been elected to the Lloyd’s Market Association board, including several C-suite level executives.
Drones: Attack of the drones
Unmanned aircraft and the risks they pose are under close scrutiny from the London market as it tries to decide what can and cannot be covered
LMA outlines focus for 2016
The Lloyd’s Market Association will focus on delivering several initiatives this year, specifically electronic placing support and the Oasis catastrophe loss modelling platform.