News

Press Release

02 Jul 15

LMA publishes guidance on Senior Insurance Managers Regime
The LMA has issued new guidance to Lloyd’s managing agents on the proposed Senior Insurance Managers Regime (SIMR) developed by the UK’s two financial services regulators. The LMA’s paper provides a summary of the new regulations and their implicatio
           

LMA Bulletin

01 Jul 15

Senior Insurance Managers Regime guidance issued
The LMA has prepared guidance for managing agents on the proposed new Senior Insurance Managers Regime (SIMR). This comes into force on 1 January 2016, replacing the current Approved Persons regime.
           

Press Release

29 Jun 15

‘Grexit’ fears prompt LMA to reissue guidance to Lloyd’s market
As uncertainty rises over the potential for Greece to exit from the euro currency, the Lloyd’s Market Association (LMA) has reissued its guidance and a model clause relating to the withdrawal of a country from the eurozone.
           

LMA Bulletin

25 Jun 15

LMA Eurozone Guidance and Model Wordings
Due to the continued uncertainty surrounding the potential for a Greek exit from the Eurozone, this Bulletin is a reminder of the following guidance and model clauses published previously by the LMA.
           

Press Release

15 Jun 15

Barbican underwriter elected chair of new LMA cyber group
Geoff White, Underwriting Manager – Cyber, Technology and Media at Barbican Insurance Group has been elected chairman of the Lloyd’s Market Association’s (LMA) newly-created Cyber Business Panel.
           

Press Release

11 Jun 15

LMA and IUA launch Insurance Act 2015 Guidance
The LMA and IUA have published a comprehensive guide to the Insurance Act 2015. It is designed to help readers to understand the principal changes embodied in the Act, the practical differences they might make and the potential challenges which may b
           

LMA Bulletin

11 Jun 15

Joint LMA/IUA Guide on the Insurance Act 2015
The LMA and IUA publish their joint Guide on the Insurance Act today. This is available to download from the LMA website.
           

Press Release

10 Jun 15

LMA appoints new wordings executive
The LMA has appointed Frances Shaw to the role of Technical Executive, Wordings.
           

LMA Bulletin

02 Jun 15

Reminder: Cause Codes Review and Related ECF System Change
Further to LMA Bulletin LMA15-013-RCE on 19 March, this is a reminder that the system change to ECF and the new cause codes will come into effect from 21 June.
           

LMA Bulletin

01 Jun 15

Cross Market Disaster Recovery Report
This communication publishes the findings and recommendations of the Cross Market Disaster Recovery Group (CMDRG).
           

LMA Bulletin

27 May 15

London Market Modernisation Activity – A Bluffers Guide
The Bluffers Guide to London Market Processing is produced to inform LMA members about London’s processes and related change programmes.
           

News

27 May 15

Claims must be at the forefront of change in the London market
Article written for Insurance Day by Robert Gregg, Head of Claims, on claims in the London market.
           

LMA Bulletin

21 May 15

Placing Platform Limited
The Board of Placing Platform Limited (PPL Board) has released a statement which reports on progress towards implementing a utility placing service for the market.
           

LMA Bulletin

18 May 15

Oil, Gas & Petrochemical Risk Engineering Surveys
The Engineering Sub-Group (ESG) of the LMA’s Onshore Energy Business Panel (OEBP) has developed a number of documents designed to improve risk engineering surveys.
           

LMA Bulletin

14 May 15

XCS Technical Processing Schedule
The LMA and Lloyd’s have produced a revised XCS Technical Processing Schedule and an overview document outlining the formatting changes made.
           

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