02 June 2017
LMA announces Members’ Agents Committee
The Lloyd’s Market Association (LMA) has announced the formation of a Members’ Agents Committee, which will represent the interests and priorities of providers and advisors of third party capital at Lloyd’s. The Committee will meet for the first time on 16 June 2017.
Graham White, Non-Executive Director, Argenta Holdings plc, has been appointed as Chairman. Committee members will come from the three Lloyd’s Members’ Agencies: Alpha, Argenta and Hampden. Additional attendees will be invited as appropriate. The committee will report to the LMA Board.
The primary role of this new committee will be to provide expert input, guidance and assistance on issues affecting the members’ agent community, including high level policy matters, operational issues and other concerns raised by members’ agents, third party capital providers, Lloyd’s or other external parties.
David Gittings, CEO of the LMA said: “The LMA is pleased to support this new initiative. Members’ agents represent third party capital which is an important constituent of the capital mix at Lloyd’s. This forum will allow the many issues directly relevant to members’ agents, and the capital providers they represent, to be addressed.”
Graham White commented: “The committee and I are grateful to the LMA for sponsoring our efforts to ensure that the specific issues of the third-party capital community are properly heard. In the initial phase of its operation, we anticipate that the committee will act as a direct conduit for our views on the Lloyd’s Capital Planning timetable.”
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Notes to Editors
For further information please contact:
James Milne, Head of Communications
Lloyd’s Market Association
T 0207 327 8405
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.