Modernisation

Making the London Market an easier place to do business

Overview

We want to make the London Market an easier place to do business with; no matter where in the world you are based.  To do this we have established the Target Operating Model (TOM) which is a comprehensive programme of new and existing projects that are designed to make the market a more accessible and cost effective place to do business with.

The key aims of the TOM are to assist:

  • Face to face negotiation supported and facilitated by electronic data capture for all steps in the process including placing, signing, closing, claims and renewals
  • One touch data capture – a global standard to allow re-use by all
  • Enhanced shared central services – providing common non-competitive services

For more information on the TOM and its initiatives please click here

The TOM is a programme of central initiatives designed to drive greater operational efficiency and consistency.

Latest Content

Wide market take-up demonstrates value of Market Business Glossary

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LMG proposal resolves access vs. control Brexit dilemma

Read more here

Market collaboration widens the ability to convert paper into electronic data

Read Press Release

PPL - Property and Casualty now live

Property and Casualty business is now live on PPL. Read more here

London Market launches first ever campaign to tell its story

The London Market Group (LMG) today announced the launch of its first ever campaign to promote London as the world’s insurance hub, providing buyers with a clear case for coming to London for solutions to the risks they face. Read more here

PPL goes live with facilities and platform improvements

Press Release here

LM TOM moves forward with go-live of the Market Business Glossary

For full press release see here

Progress on LM TOM with preferred bidder for DA SATS

Full Press Release here

Bringing London Market careers to life

Full Story of the Event here

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