London Market Association (LMA)
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?
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.