Joint Marine Claims Committee
The Joint Marine Claims Committee (JMCC) draws its membership from both the Lloyd's and company markets so both LMA and IUA members writing marine business are eligible for membership. Current Chair is Jenna Hales (Hiscox) and the deputy is Penny Woodhill (AXA XL). The committee is currently meeting on a bi-monthly basis.
- Payment Authorities have been under discussion, but no change in practice is envisaged against a background of increasing disputes over ownership
- The relationship between recovery agents and insurers was clarified by the creation of standardised terms of engagement.
- The group have been in discussion with Lloyd’s in regard to Brexit and the impact on their operations & procedures.
- Engagement with selected universities to promote the industry, specifically the Marine class.