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.
We have updated our 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...
The LMA and DXC Technology have produced three market protocols in relation to data subject (e.g. an individual policyholder) rights...
The LMACC has set its strategy, objectives and priorities through to 2021. These are supported by Heads of Claims and will be fed in to the Future at Lloyd's Claims blueprint and vision...
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...
Once-in-a-generation change is under way at Lloyd’s. The market is charting a transformation that will return us to the front of the international insurance flotilla...
Since the introduction of GDPR in May 2018, the LMA and DXC have been working collaboratively to ensure there is a clear documented process...
The 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...
Insurers (including their brokers, coverholders or service companies)(1) writing relevant classes of business in New South Wales (NSW) are required to charge an Emergency Services Levy (ESL) alongside the risk premium to cover their contribution to the emergency services annual budget...
The LMA Claims team has completed a review of the way that our claims committees are structured and run. The LMA Claims Committee (LMACC) and Head of Sector Group were consulted as...
Following the publication of the revised (Open Market) Market Reform Contract (MRC) Guidance v1.9 in September 2018 (refer LMA Bulletin LMA18-040-AC dated 06 September 2018) the cross-market group...
