Committee Structure
The Board sets the Association's priorities and is supported by the three major policy committees – Finance, Underwriting and Claims. Specific market sector committees support the Underwriting Committee and a structure of specialist business panels and advisory groups provides the market input and expert knowledge necessary for the LMA's day-to-day work, ranging from production of standard wordings and clauses to consultation on capital issues. An additional four policy committees underpin the structure and address issues faced by the whole market. Nearly every LMA member firm contributes towards the Association's Board and committees.