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LMA appoints Powell as Claims Director
[4/22/2022] The LMA has announced the appointment of Janine Powell as Claims Director.

LMA supports the Lloyd’s Enforcement Board decision
[3/16/2022] LMA supports the decision reached by the Lloyd’s Enforcement Board in response to the three charges of detrimental conduct, which have been accepted by Atrium Underwriters (Atrium) described in Market Bulletin Y5369.

LMA prioritises data, technical expertise advocacy and regulatory change in 2022
[3/2/2022] The LMA has announced its core priorities for 2022, which include future at Lloyd's delivery, technical expertise advocacy, regulatory change, technical training and engagement.

Lloyd’s Market Association announces market-wide agreement on “at the box or in the office” availability
[2/4/2022] LMA has today announced cross-market agreement on underwriters’ “at the box or in the office” availability.

LMA calls for transparent, market-wide approach to “at the box or in the office” availability
[1/31/2022] The LMA has called for a transparent, market-wide approach to the availability of underwriters in the Lloyd’s Underwriting Room and in their respective offices.

Andrew Brooks to continue as LMA Chairman
[11/16/2021] Andrew Brooks, Chief Executive Officer of Ascot Underwriting Ltd, will serve a consecutive term as Chairman of the LMA, following a unanimous vote by the Board for his reappointment.

LMA issues updated guidance on updated FCA Pricing Practices and Product Reviews
[11/8/2021] The LMA has issued guidance for managing agents on the new FCA Pricing Practices rules and associated Product Reviews.

LMA announces Dormer as Head of Underwriting Strategy
[11/3/2021] The LMA has announced the appointment of Guy Dormer to the recently-created role of Head of Underwriting Strategy

LMA board appointments add “wealth of expertise”
[9/13/2021] The LMA has announced the appointment of six new board members.

LMA facilitates Government-backed live events scheme
[8/6/2021] Following discussions with HM Government and leading Lloyd’s contingency underwriters, Chancellor Rishi Sunak has launched the Live Events Reinsurance Scheme, in partnership with Lloyd’s.

LMA announces Davison as Underwriting Director
[7/8/2021] The LMA has announced the promotion of Patrick Davison to the role of Underwriting Director, with effect from 01 July 2021.

LMA unveils future model for Delegated Business
[6/22/2021] the LMA has revealed the conclusion of a six-month project to reimagine the end-to-end model and vision for Delegated Authority business, through the lens of the market and its distribution partners of brokers and coverholders.

LMA appoints new board members and sets board diversity target
[5/26/2021] The LMA has announced the appointment of four new board members and has also set a target to achieve greater board diversity in the near future.

LMA appoints Ramage as legal director
[4/29/2021] The Lloyd’s Market Association (LMA) has announced the appointment of Arabella Ramage to replace legal director Kees van der Klugt, who is retiring in September after more than a decade in the role.

LMA and 6point6 to re-imagine the delegated authority model
[11/17/2020] The LMA has launched a project to re-imagine the existing business and distribution model for delegated authority.

Gemini Expert Management System Phase II goes live with fee settlement
[10/21/2020] London’s Expert Management & Settlement Platform - Gemini - has delivered Phase II, instigating the payment of fees to an expert using the automated settlement facility whilst capturing structured data and MI in relation to expert spend, performance,

LMA launches Delegated Authority Committee
[7/7/2020] The LMA has convened a new Delegated Authority Committee to inform and guide the evolution of this important aspect of Lloyd’s underwriting, distribution, and claims.

International structured credit insurers deliver ‘outstanding’ claims payment performance in 2018-19
[6/9/2020] Insurers paid 100% of all valid claims made by regulated financial institutions under credit insurance policies on time and in full in 2018 and 2019, according to research commissioned by the LMA and the IUA.

LMA Response to COVID-19
[3/13/2020] The LMA has set out a ‘work from home’ Business Continuity Plan from Tuesday 17 March up until the end of March. While the office is closed, the LMA is still open for business and operating as close to usual as possible.

LMA Response to COVID-19
[3/13/2020] The LMA has set out a ‘work from home’ Business Continuity Plan from Tuesday 17 March up until the end of March. While the office is closed, the LMA is still open for business and operating as close to usual as possible.

New LMA clause ensures continuity of coverage in case of market closure
[3/12/2020] The LMA has today published, on behalf of its members, policy language which will ensure customers’ coverage continues beyond a specified renewal date if the Lloyd’s market is inaccessible, and Emergency Trading Protocol fails. The clause is intended

Solvency rules have minimised insurance company failures: KPMG report
[3/2/2020] A new study produced by KPMG reveales that European solvency rules have effectively reduced the number and size of failures since the Solvency I capital adequacy regime was introduced in 2004.

Future at Lloyd’s and Brexit top LMA 2020 objectives
[2/10/2020] The LMA today revealed its objectives for 2020, intended to enable the success of LMA members and the wider market during a period of significant change.

Lloyd’s Market Association appoints Underwriting Director
[1/22/2020] The LMA has announced the appointment of Jane Hayes as Underwriting Director, effective 03 February 2020.

Lloyd’s Modernised Syndication Pilot business classes confirmed
[1/9/2020] Lloyd's and LMA has announced that the pilot classes for the modernised syndication pilot will be Marine Hull and International Casualty Binders.

JWC Statement: Gulf region update
[1/7/2020] A statement from the Joint War Committee in relation to the increased tensions in the Gulf region.

LMA advocates Basel III recognition of non-payment insurance by banks
[12/4/2019] Banks’ use of non-payment insurance should be recognised in regulatory capital calculations, according to the LMA response to the EC consultation on Basel III reforms.

LMA welcomes Future at Lloyd's Blueprint
[9/30/2019] 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.

Lloyd’s market CEOs pledge action on unacceptable behaviour
[9/24/2019] 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
[9/18/2019] 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.

Lloyd’s Market Association appoints new LMA Academy Director and Chairman
[9/10/2019] 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.

‘Talent & tech' key to delivering world-class claims service, report finds
[4/11/2019] The LMA and PwC today published a report, following engagement with London market carriers, on the transformation of their claims departments.

LMA appoints directors to finance and operations roles
[3/5/2019] The LMA has announced the appointment of Rob Myers as Operations Director and Paul Davenport as Finance Director.

Digitisation tops LMA priorities for 2019
[2/27/2019] Sheila Cameron said that the pursuit of seamless digitisation, achieving sustained underwriting discipline and working with Lloyd’s to support their central strategies around distribution and international marketing, are LMA’s priorities for 2019.

LMA welcomes FCA’s market study findings
[2/20/2019] LMA welcomes the findings of the FCA’s review into the wholesale insurance broker market and the fact that it is final, therefore minimising any ongoing regulatory burden on insurers.

Vision for a ‘seamless digital marketplace’
[2/6/2019] Sheila Cameron has called for the creation of a digital marketplace in London where processing tasks are linked seamlessly from end to end, from proposal to claims, freeing market experts to concentrate on adding genuine value for customers.

LMA launches Gemini to tackle claims expert spend
[11/29/2018] Gemini, a claims expert management solution and platform for Lloyd’s carriers, has been launched this week. LMA estimates claims expert spend in the Lloyd’s market to be in the region of £500 million a year.

LMA Finance Committee appoints Mark Allan as chairman
[11/12/2018] The LMA's Finance Committee (FinComm), which leads on financial issues and requirements affecting Lloyd’s managing agents and syndicates, has appointed Mark Allan as chairman.

Satellite Imagery speeds Florence and Michael claims payments
[10/15/2018] Lloyd’s managing agents have now begun assessing and paying claims to policyholders affected by hurricanes Florence and Michael, enabled and supported by the LMA’s satellite imagery and intelligence service.

LMA appoints Andrew Brooks as next Chairman
[10/10/2018] Andrew Brooks, Chief Executive Officer of Ascot Underwriting Ltd., has been appointed the next Chairman of the Lloyd’s Market Association (LMA) with effect from 1 January 2019.

Reputation, enhancing delegated authority claims and automation ‘top priorities’, LMA survey reveals
[10/8/2018] Brand reputation, automation and straight-through processing are the top three priorities of claims leaders in the Lloyd’s market, a survey commissioned by the LMA reveals.

New report highlights Lloyd’s advantages in InsurTech ‘arms race’
[9/21/2018] A study, undertaken for the LMA, has praised the work of some Lloyd’s managing agents in developing new propositions and embracing new technology.

LMA & Lloyd’s publish policy documentation for Lloyd’s Brussels
[9/19/2018] A new suite of policy documentation, to support the underwriting of risks from the European Economic Area by Lloyd’s Brussels, has been published. The new documents were prepared by the LMA’s wordings team, working closely with the Lloyd’s Brexit and

New professional body for global Marine Warranty Surveyors
[8/30/2018] The Society of Offshore Marine Warranty Surveyors (SOMWS), a new professional body for individuals in this specialist field, is to launch on 18 September.

Sheila Cameron to be next CEO of Lloyd’s Market Association
[8/28/2018] Sheila Cameron, currently Head of International Operations at Navigators Underwriting Limited, is to become the next CEO of the LMA following the announcement that David Gittings will be stepping down at the end of the year.

Lloyd’s agencies want ILS as a permanent re/insurance market fixture, LMA survey finds
[8/14/2018] 80% of Lloyd’s managing agents who responded would “like to see Insurance Linked Securities (ILS) products become a permanent fixture in the re/insurance market” according to a survey by the LMA.

LMA survey reveals modernisation, underwriting systems and Brexit as top 2018 priorities for COOs
[6/25/2018] Market modernisation, underwriting systems upgrades, and Brexit preparations are the top three 2018 priorities of Lloyd’s market chief operating officers (COOs), a survey commissioned by the LMA reveals.

LMA Personal Accident Committee appoints Ranzetta and De Vido
[6/21/2018] Stephen Ranzetta and Paul De Vido have been elected to the LMA's Personal Accident Committee, following a recent ballot at Lloyd’s.

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James Milne
Communications Director

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