Lloyd’s Market Association (LMA) News

Lloyd’s Market Assn. Appoints Navigators’ Cameron as CEO, Succeeding Gittings

Sheila Cameron, currently head of International Operations at Navigators Underwriting Ltd., is to become the next CEO of the Lloyd’s Market Association (LMA), following the announcement that David Gittings will be stepping down at the end of the year after …

Modernization, Underwriting Systems & Brexit Top COO Priorities: Lloyd’s Market Assn.

Market modernization, underwriting systems upgrades and Brexit preparations are the top three 2018 priorities of Lloyd’s market chief operating officers (COOs), a survey commissioned by the Lloyd’s Market Association revealed. The survey’s research findings include: Within market modernization initiatives, delegated …

Lloyd’s Market Association Names New Board Members for 2018

The Lloyd’s Market Association (LMA) has announced four new members of its board, following a recent nomination process. Effective from the annual general meeting to be held on May 31, 2018, one new and three re-appointed board members are: David …

Lloyd’s Market Association Launches Claims Development Training Tool

The Lloyd’s Market Association (LMA) has launched the Claims Development Pathway, an interactive training and development tool that will provide support to claims professionals in the Lloyd’s market, at every stage of their careers. Modernizing claims handling at Lloyd’s is …

London Market Single Claims Agreement Launched to Improve Claims Handling

The London market has launched a simplified system for claims handling in an effort to improve client service and streamline claims agreement across the London market. The Single Claims Agreement is designed “to enable quick and efficient authorization of claims …

Lloyd’s Market Association to Offer International Courses, Technical Programs

The Lloyd’s Market Association Academy (LMA Academy) announced that, starting in March, it will begin offering a range of technical programs and courses internationally. The expansion builds on the success of the LMA’s immersive and practical training programs, with staff …

Lloyd’s Market Association Appoints Curtis as Director of Finance and Risk

Ken Curtis has been appointed as director of finance and risk for the London-based Lloyd’s Market Association, which represents the interests of the Lloyd’s underwriting community. He formerly was group chief financial officer of Chaucer Holdings plc and managing director …

Shippers Brace for More Suez Canal Turmoil After Vessel Attack

An attack by assailants on a container ship in the Suez Canal has heightened risks for merchant shipping using the vital waterway, with further threats considered likely as political turmoil continues in Egypt. On Sunday an army source said three …

West Africa Piracy Endangering Commodities Shipping, Increasing Rates

Pirate attacks off West Africa’s mineral-rich Gulf of Guinea have almost doubled from last year and threaten to increase the costs and jeopardize the shipping of commodities from the region. The Gulf of Guinea, which includes Nigeria, Ghana and Ivory …