LMA welcomes FCA’s wholesale broker market findings
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...
New South Wales Emergency Services Levy
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 / Article / 4 months ago
- www.lmalloyds.com
New claims committee governance structure
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...
- The LMA / Article / 4 months ago
- www.lmalloyds.com
Market Reform Contract Endorsement (MRCE) Guidance v1.3
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...
- The LMA / Article / 5 months ago
- www.lmalloyds.com
Cyber Best Practice Guidance
Cyber is one of the most dynamic risks facing today’s insurance market. But the rapidly evolving nature of the risk means there is often a perceived lack of data or information available when it comes to...
- The LMA / Article / 6 months ago
- www.lmalloyds.com
Lloyd's Brussels: open for business
It has been a busy few months for the LMA wordings team as we prepare for 01 January 2019, the date when Lloyd’s Brussels Insurance Company S.A. will begin underwriting...
- The LMA / Article / 6 months ago
- www.lmalloyds.com
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...
- The LMA / Article / 7 months ago
- www.lmalloyds.com
Co-Lead Claims Agreement (LMA9157)
This bulletin both introduces and publishes the co-lead claims agreement, to support the streamlining of the co-lead claims agreement process within the Lloyd’s market...
- The LMA / Article / 7 months ago
- www.lmalloyds.com
Lloyd's Brussels: Placement information for delegated authority business from 01 January 2019
Lloyd’s has established a new insurance company based in Brussels (Lloyd’s Insurance Company S.A., known as Lloyd’s Brussels), to underwrite non-life insurance and facultative...
- The LMA / Article / 8 months ago
- www.lmalloyds.com
Brexit – placing of EEA/non-EEA risks post 01 January 2019
Lloyd’s has established a new insurance company based in Brussels (Lloyd’s Insurance Company S.A., known as Lloyd’s Brussels), to underwrite non-life insurance and facultative reinsurance risks located in EEA...
- The LMA / Article / 8 months ago
- www.lmalloyds.com