The LMG is a market-wide body, bringing together the specialist commercial (re)insurance broking and underwriting communities in London. It is supported by the International Underwriting Association of London (IUA), Lloyd’s of London, the Lloyd’s Market Association (LMA) and the London & International Insurance Brokers’ Association (LIIBA).
It speaks collectively for market practitioners on growth and modernisation issues, and its aim is to build on London’s position and reputation as the global centre of insurance excellence.
Vision for the London Market
To be the leading client centric global provider of specialist commercial (re)insurance knowledge and solutions.
Role of LMG in realising London Market's vision
Assist the London Market to dynamically assess (re)insurance risks, leveraging knowledge and thought leadership to develop innovative solutions that support clients and insurance markets in the UK and overseas, ensuring that these are delivered within an efficient operating environment.
The London Market is the largest global hub for commercial and specialty risk, employing over 52,000, and paying more than £140bn in claims in the last five years