The LMA cover

The Lloyd’s Market Association (LMA) represents the interests of the Lloyd's community, providing professional and technical support to our members. All managing and members' agents at Lloyd’s are full members, together managing a gross premium income of around £26 billion in 2015.

Lloyd’s Brussels TPA Agreement

The Lloyd’s Brussels TPA agreement (LBS0065), effective 1 January 2019, has been published to support the management of outsourced claims entities from the European Economic Area by Lloyd’s Brussels...

Eyes on the risk

Adjusting claims is a knowledge business. For insurers to pay claims quickly, they need to know what’s happening on the ground, but gaining knowledge can be a real challenge. Distance and inaccessibility can make getting eyes on the risk very difficult, especially in the wake of a major catastrophe...

Satellite Imagery speeds Florence and Michael claims payments

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...

  • The LMA / Hosted articles / 5 months ago
  • Claims & Losses

Delegated Claims Oversight Strategy

In collaboration with the LMA Claims Committee (LMACC) and Lloyd’s claims team, the LMA has put together a delegated claims model, encompassing a long term delegated claims strategy addressing both...