Associations' Administration Committee
The Associations’ Administration Committee (AAC) provides collective governance for the Insurers’ Market Repository (IMR) on behalf of customers. In this role AAC reports to LMA and IUA. AAC also manages process change programmes on behalf of LMG.
The AAC is chaired by Mark Chapman of Global Aerospace and managing agents are represented by Ian Fantozzi (Beazley), David Hughes (Novae) and Michael Harris (Tokio Marine Kiln). LMA representation is provided by Rob Gillies.
The AAC is responsible for:
- ensuring that the strategy and direction for the IMR service aligns with other modernisation activity in the London insurance market, including that of the London Market Group and the London Market Claims Strategy Group
- managing the priorities between Accounting and Settlement (A&S) (through the ASUG) and Electronic Claims File (ECF) (through the ECFUG) requirements, and other actual or potential uses of the IMR service
- liaising with the IUA, LMA, LIIBA and other market organisations regarding any potential changes to business practices arising from the adoption of the IMR service.
IMR performance reports and related agreements
Copies of IMR performance reports, the IMR Agreement and an overview of the Xchanging "core" contracts are available on the IMR Performance Reports page to LMA Full Members who are logged onto the LMA website.
AAC annual update to customers
A copy of the latest annual update detailing activities of the AAC is available to download below: