Property and Marine Cyber Clauses

13 Nov 19 | The LMA has drafted model clauses which assist the market in providing clarity of cyber coverage under first-party property damage policies.

Delegated claims oversight - publication of delegated claims audit deliverables

08 Nov 19 | In September of 2018, we outlined a programme of work that we would be undertaking in relation to delegated claims (LMA18-043-TH), and provided an update on the programme in December 2018 (LMA18-052-TH) and 20 March 2019 (LMA19-011-TH) to carriers an

What Future at Lloyd's means for Claims

01 Nov 19 | At the LMA we recognise that this is a critical time for Lloyd’s, the market and our members, the release of blueprint one says as much.

Write-Back October 2019

01 Nov 19 | It is the most successful modernisation project of the last five years, handling in excess of 1.5 million claims messages a month. It also responds to the key and future principles of Future at Lloyd’s.

SCAP - EEA slip leads

21 Oct 19 | This bulletin sets out the positions of Lloyd’s Brussels and other European Economic Area (EEA) insurers under the Single Claims Agreement Party (SCAP) protocol.

COOs discuss Blueprint at lively LMA Forum

15 Oct 19 | Operations Director Rob Myers talks about the wide-ranging discussion hosted by LMA about Blueprint One with the market’s operations community.

LMA welcomes Future at Lloyd's Blueprint

30 Sep 19 | The LMA has welcomed the launch of Blueprint One, which provides the latest strategic thinking from Lloyd’s around six ideas, first set out in their Prospectus, alongside a phased execution plan.

Senior Managers & Certification Regime guidance updated

26 Sep 19 | The LMA have updated the SM&CR guidance to reflect new requirements from the PRA and also to provide an example template for the issuing of Certificates under the new Certification regime.

Lloyd’s market CEOs pledge action on unacceptable behaviour

24 Sep 19 | The LMA Board, which includes 16 chief executives and other senior market leaders from Lloyd’s managing agents, has pledged to work actively through a CEO reporting network to tackle sexual misconduct in the market.

Fundamental operational risks are top concerns for Lloyd’s CROs, LMA survey finds

18 Sep 19 | Pricing, cost reduction, change management, market modernisation, and competition are the top five risks facing Lloyd’s, according to Chief Risk Officers (CROs) within Lloyd’s managing agencies.

Data Subject Access Rights

13 Sep 19 | In collaboration with DXC Technology we have produced three market protocols in relation to data subject rights.

Lloyd’s Market Association appoints new LMA Academy Director and Chairman

10 Sep 19 | The LMA has announced the appointment of Fiona Temple as LMA Academy Director and Matthew Wilson, Group CEO at Brit Limited, as Chairman of the LMA Academy.

Mis-selling Scandal Sounds Alarm Bells for Liability Market

27 Aug 19 | The recent mis-selling scandal in the Australian financial services industry has highlighted the potential for catastrophe-style loss events for the casualty and financial & professional lines market.

Update to Twin Binding Authority MRC

12 Aug 19 | The LMA has drafted an update to the Twin Binding Authority MRC which has been published as LMA3113AT-A.

Legal > FCA's Proposed GI Value Measures Reporting

12 Aug 19 | Our Head of Regulatory Affairs, Steve Morrell discusses the LMA’s thoughts on the FCA's proposed GI Value Measures Reporting.

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