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Congratulations to Isobella Hare, Beazley, the winner of our inaugural 2024 WKLMA FinPro Travelling Scholarship.
10/3/2024
2024 WKLMA FinPro Scholarship Winner Announced
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The aviation sector is grappling with the long-term effects of pandemic-related staff cuts, leading to difficulties in replacing experienced talent, impacting both profitability and safety across the industry, writes Dele Fajimolu.
10/3/2024
Addressing the Ongoing Skills Shortage in Aviation
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A review by Aon Capital Advisory UK in partnership with the Lloyd’s Market Association (‘LMA’).
9/26/2024
Capital Insights: Understanding Investor Experiences at Lloyd's
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The outcome of over a year’s consultation with underwriters, owners, Lloyd’s and other interested parties including P&I Clubs, brokers and salvors is a new clause for incorporation in marine hull policies.
9/10/2024
Lloyd’s Open Form Default Clause to be Introduced
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Our Claims Director Janine Powell was interviewed, alongside other industry experts, as part of The Insurance Network’s London Market Claims Preview Show.
8/15/2024
London Market Claims Preview Show
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Sheila Cameron, CEO at Lloyd’s Market Association, joined Sam Casey, Senior Reporter at Insurance Insider, to discuss the LMA’s role in the Lloyd’s market, digitalisation of the marketplace, proportionate regulation, leadership diversity and more.
8/15/2024
Behind the Headlines: Sheila Cameron on the value of the Underwriting Room
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Last week, the LMA hosted Owen Harlow for work experience through the London Market Group’s 2024 Futures Academy. The Futures Academy, a partnership with Visionpath, offers 150 students a two-week opportunity to learn about specialty insurance.
7/17/2024
Classroom to Claims: Owen Harlow's Week at the LMA with the LMG's 2024 Futures Academy
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Faizan, one of our first trainees to join the LMA Legal Trainee Wordings Scheme, shares his thoughts on completing the various secondments he has undertaken during the Scheme.
7/8/2024
Faizan Mahmood on completing the LMA Legal Trainee Wordings Scheme
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Our latest article explores how scenario modelling can help insurers address the impacts of climate change. It emphasises integrating physical and transition risks into capital models, shifting from qualitative to quantitative assessments.
7/1/2024
Climate Change and Insurance: The Evolving Role of Scenario Modelling
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As part of our Pride Month celebrations, we are thrilled to share a Pride-themed podcast episode featuring some of our colleagues at the LMA.
6/25/2024
LMA Talks: Navigating the Insurance Industry as Gay Professionals
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Tara Allen, one of our first trainees to join the LMA Legal Trainee Wordings Scheme, shares her thoughts on completing the various secondments she has undertaken during the Scheme.
6/20/2024
Tara Allen on completing the LMA Legal Trainee Wordings Scheme
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The deadline for UK businesses to update existing contracts that provide for the transfer of personal data to entities based elsewhere in the world has now passed.
6/18/2024
International Data Transfers – Are Your Contracts Ready?
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From a background of short-term jobs and world travel to finding a place in the dynamic Lloyd’s market, join Toby Clark, an Executive in Technical Underwriting, as he recounts his unconventional journey into the insurance industry.
6/18/2024
Embracing the Unconventional: My Journey into the Insurance Industry
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Sheila Cameron, CEO at Lloyd’s Market Association, joined Huw Evans, Head of Insurance at KPMG UK, to discuss the future of the London market: its technological modernisation, its talent and how it can be relevant and innovative to meet the insurance
5/30/2024
Let’s Talk Insurance Vodcast series: Sheila Cameron
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Our Head of Marine and Aviation and Secretary of the Joint War Committee, Neil Roberts, spoke on the eighteenth episode of The Political Risk Podcast. This episode is war risk insurance-flavoured and features Michael Burle, Head of Marine at Liberty
5/17/2024
Marine War Risk: Red Sea & Gulf of Aden; Black Sea & Ukraine
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The LIC recently hosted its Quarterly Forum meeting for the market through the rest of the year.
5/17/2024
LIC Quarterly Forum 2024
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The LMA recently held its annual Finance Forum, where the latest progress on initiatives affecting finance and actuarial functions and plans for the rest of this year were explored.
5/13/2024
LMA Finance Forum 2024
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The LMA recently held a Q&A with Kimberley Sandiford from Lloyd’s around the refurbishment of Galleries 1 and 2.
5/2/2024
Underwriting Floor Refurbishment Q&A Session
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The Lloyd’s Market Association (LMA) and Insurance Capital Markets Research (ICMR) are pleased to present a detailed analysis and comment on the Lloyd's 2023 results.
4/15/2024
Lloyd's 2024 Insights Report
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Dorottya Tornai, an Executive, Legal Trainee at the Lloyd's Market Association (LMA), examines the European Parliament's adoption of a Directive to harmonise the enforcement of EU sanctions.
4/8/2024
New Rules to Harmonise Criminal Enforcement of EU Sanctions
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Pressure is mounting to find and use renewable energy supplies to fuel a more sustainable future. This is a universal challenge for all sectors, as we transition away from traditional fossil fuels to reduce emissions.
4/4/2024
The Energy Transition Journey
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AI/large language model (LLM) technology is perhaps the greatest operational change in recent industry memory. In this blog, our Legal Trainee Thomas Singleton explores obligations and risks associated with new AI Regulatory Developments.
4/2/2024
AI Regulatory Developments - Understanding the Obligations and Risks
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Tereza and Thomas share their thoughts about what attracted them to a career in insurance law and what they hope to achieve in the graduate programme.
3/25/2024
Meet our second Legal Trainee programme recruits
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Lloyd’s announced its best ever profit last week of more than £11bn which sets it on course to achieve its best returns on capital for over 15 years. As part of the LMA’s desire to share analyses and insights with our members, this summary of Lloyd’s
3/11/2024
LMA Summary of Lloyd's results 2024 Part 1
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Faizan Mahmood takes us through a day in the life as a LMA Legal Trainee.
2/9/2024
A day in the life of an in-house trainee solicitor - Faizan Mahmood
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This publication aims to unveil a snapshot of the present AI landscape, encouraging discourse and deliberation within the actuarial community, steering the conversation toward embracing AI's opportunities while managing associated risks.
2/8/2024
Artificial Intelligence and the Lloyd’s Actuary: A Snapshot of Opportunity and Risk
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Sheila Cameron launches the LMA's Strategic Focus which provides details of our priorities for the year ahead.
1/22/2024
LMA Strategic Focus 2024
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On 12 October 2023, the Competition and Markets Authority (CMA) released its long-anticipated Green Agreements Guidance, following a short consultation period at the beginning of 2023. In this blog, our Legal Trainee Tereza Kamari explores this.
1/16/2024
Navigating the CMA's Competition Law Guidance for Environmental Sustainability Agreements
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In our latest blog, Alex Koukoudis, a Senior Executive in Finance and Risk at the Lloyd's Market Association (LMA) and Seema Bradbury, Chair of the LMA's Risk Committee, delve into the role of the Chief Risk Officer.
12/6/2023
The Role of the Chief Risk Officer
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Dele Fajimolu, a Senior Executive in Technical Underwriting at the Lloyd's Market Association, delves into the intricate landscape of offshore wind, offering valuable insights into this burgeoning field and its implications for insurers.
11/21/2023
Offshore Wind – Growth and Opportunity
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