← Return to all programmes

Understanding Risk in a Lloyd's Managing Agency

05 November - 11 December 2019


This programme is aimed at those who are looking to improve their knowledge of risk management and will be of interest to people working in underwriting, claims, compliance and audit as well as risk management itself.


Date: 05 November - 11 December 2019
Programme: Five half-day modules, plus an additional session for teams to meet with the presenter
Location: various locations in the Lloyd's building
Fee: £1,500 + VAT

Download the programme brochure for more information


This programme is designed to provide attendees with useful, practical working knowledge of risk management in the Lloyd’s market. Specifically, it will: 

  • investigate the nature and scale of risks in the market, including new and emerging risks
  • provide delegates with an understanding of practical risk management concepts 
  • show the importance of risk culture and how this relates to all members of staff
  • describe how risk appetite is addressed by a Lloyd’s managing agency 
  • help delegates to gain skills in risk management techniques 
  • introduce key solvency capital concepts. 

It will also highlight the importance of setting a risk strategy and raise awareness of risk management principles by drawing on regulatory requirements, published standards and Lloyd’s Governance Standards regarding risk management.

In the final session, delegates will work together in teams on a case study to develop a risk management framework and strategy and will present their proposal to a panel of Lloyd’s market risk specialists. 

Please note that some extra hours of work will be required when working on the final presentations. Delegates should also be aware that the main purpose of this programme is to focus on the individual’s learning experience and not on the winning team.


Mark Butterworth, Condie Risk Consultancy Ltd.


There are 18 places available on this programme. Spaces will be allocated on a first-come, first-served basis, with one place per managing agent (unless further spaces are available once the deadline has passed). 

To apply, please complete the application form and email this to apply@lmalloyds.com by 17.00 on Tuesday 29 October.


Delegates participating in the accredited Understanding Risk in a Lloyd's Managing Agency Programme can claim up to 20 CPD hours towards the CII/Personal Finance Society member CPD scheme. 

Find out more

The application process has now closed.  

Contact us

If you have any questions, please do not hesitate to contact the LMA Academy team at: apply@lmalloyds.com.