21 September 2017
LMA commends swift Lloyd’s response to Harvey and Irma
LMA chief executive David Gittings said:
"The first response of the Lloyd’s community has been, within days of Irma passing, to pay claims. These are now being settled across the Caribbean and Florida and that effort continues unabated, with claims teams focusing intently on getting the job done.
“Lloyd’s has more than a century of experience in dealing with largescale catastrophes in the US and elsewhere. In that tradition, claims teams are employing modern crisis-response tools and living up to Lloyd’s reputation for and commitment to paying claims as quickly as possible.
“With Puerto Rico also dazed by the destructive force of hurricane Maria, these events serve as a stark reminder of insurers’ duty and ability to assist insureds in the most devastating circumstances. The LMA will continue to provide all the support it can to our members, to give people on the ground the help they need as quickly as possible.”
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About the Lloyd’s Market Association (LMA)
Formed in 2001 and located in the heart of the Lloyd’s Building in the City of London, the Lloyd's Market Association represents the interests of the Lloyd’s underwriting community. All underwriting businesses at Lloyd’s are members, together managing gross premium income of around £30billion per annum.
For more information visit: www.lmalloyds.com.
For further information please contact:
James Milne, Head of Communications
Lloyd’s Market Association
T 0207 327 8405