Financial Institutions & Professional Indemnity Claims Committee (FIPICC): who we are?

The LMA Financial Institutions & Professional Indemnity Claims Committee (FIPICC) was set up in 2010. Its main purpose is to provide a representative forum for the discussion of common claims, technical, regulatory and legal issues within the PI and FI insurance markets and to produce claims-handling solutions that work for all. Projects via sub-groups are investigated/delivered and external legal advice is obtained where necessary.

We have monthly meetings hosted by the Chair (Peter Holland of Hamilton Insurance) and his Deputy (Claire Lofthouse of XL Catlin), with guest speakers invited from the broker, lawyer and loss adjuster community. MAs represented on the FIPICC include: Hamilton, XL Catlin, Neon, Talbot, Chubb, Markel, Argo, Pembroke, Hiscox, Brit, Beazley, Chaucer, QBE, Axis, Newline, Canopius, Liberty.

The FIPICC reports directly to the LMA Claims Committee. The LMA representative on the FIPICC is Sharyn Butcher, a Senior Claims Executive who can be emailed on sharyn.butcher@lmalloyds.com.