LMA Guidance: GDPR Core Uses Information Notice

16 Feb 18 | The LMA, jointly with Norton Rose Fulbright, has published guidance to assist insurance market participants with their use of the Core Insurance Information Notice

Coverholder and TPA Model GDPR Readiness Questionnaire

14 Feb 18 | The LMA has drafted a model questionnaire in conjunction with the market and Lloyd’s to support managing agents in confirming that coverholders and TPAs will be compliant with GDPR.

Coverholder Audit Scope

14 Feb 18 | The final version of the updated Coverholder Audit Scope has now been published and can be found on the Coverholder Audit page of the LMA website.

Consumer Wordings Guidance v4.0

14 Feb 18 | The latest version of the Joint LMA/Clyde & Co Guidance on Consumer Wordings is available to download from the LMA website, and contains a Document Revision/Change History page to identify the key amendments/updates.

LMA market guidance – Duty of confidentiality

12 Feb 18 | The LMA market guidance is a reminder about relevant law and regulation concerning confidentiality and the serious potential consequences of breach, both at a personal member-of-staff level and at corporate level.

London market Single Claims Agreement Party Model goes live

02 Feb 18 | A transformational new model that will simplify how claims within the London market are handled is launched yesterday in an effort to improve client service and streamline claims agreement across the London market.

Market Reform Contract Guidance

01 Feb 18 | In accordance with previous practice, a cross-market group has carried out the annual review of the MRC Open Market guidance. This has resulted in a new version (v 1.8) of the MRC guidance containing relatively minor enhancements.

London market Single Claims Agreement Party Model goes live

01 Feb 18 | A transformational new model that will simplify how claims within the London market are handled is launched today in an effort to improve client service and streamline claims agreement across the London market.

LMA Academy embarks on international expansion

31 Jan 18 | The LMA Academy today announces that from March it will begin offering a range of technical programmes and courses internationally.

Complaints Endorsements to Binding Authorities

31 Jan 18 | The LMA has drafted a suite of clauses to attach to binding authority agreements incorporating the requirements for these territories.

LMA Risk Code Triangulation Reports – Q4 2017

30 Jan 18 | The LMA Risk Code Triangulation Reports for Q4 2017, using data supplied by Xchanging, have now been published.

Data Protection Bill - House of Lords Third Reading

22 Jan 18 | At the Third Reading on 17 January 2018, the House of Lords passed a Government-tabled amendment to Schedule 1 of the Data Protection Bill, which provides insurers with a new ground to process selected types of Special Category Personal Data, includi

Worldwide Property Business Panel appoints Dean Pitts as Chair

16 Jan 18 | Dean Pitts has been appointed Chairman of the LMA Worldwide Property Panel, which leads on a wide range of issues affecting Lloyd’s managing agents and syndicates on behalf of the Lloyd’s market.

Onshore Energy Business Panel – Mothballing & Recommissioning Questionnaire (LMA9142)

16 Jan 18 | The new questionnaire follows a similar format to the questionnaire attached to LMA5197A but with specific focus on the steps taken by an insured when mothballing a plant as well as the process being followed prior to recommissioning.

Tony Rai appointed as Chair of LMA Claims Committee

11 Jan 18 | The LMA has appointed Tony Rai as Chair and Hannah Purves as Deputy Chair of the LMA Claims Committee (LMACC). Rai, Head of London Market Claims, Hiscox, replaces outgoing chair, Anthony Hobkinson. Purves is Claims Director at Markel.

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