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

Electronic placement goes live with Accident & Health

The board of PPL Ltd announced that the Accident & Health classes of business went live on the platform on Monday 16th April. To read the full press release, please click here

London Market creates permanent body to manage market services

The London Market Group announced today the launch of London Insurance Market Operations & Strategic Sourcing (LIMOSS) led by Managing Director, Patrick Molineux.

Read the full press release here

London Market announces new chair

The London Market Group (LMG) today announced the appointment of Andrew Horton, CEO of Beazley as its new Chair with effect from 4 May 2018. Read the full press release here

PPL TO APPOINT NEW CHAIR WITH ADOPTION THE KEY PRIORITY

Read the full press release here 

Response from chairman Nicolas Aubert to Brexit Transition Announcement

Read in full 

CLAIMS TRANSFORMATION PRIORITISED IN LM TOM

The London Market Group has announced that claims transformation will become a focus for the Target Operating Model (TOM) in 2018. Read more here

PPL Come of age with one of the largest transactions at Lloyd's

Read the full press release here 

Happy 1st Birthday @LIL

Today London Insurance Life turns 1 read more here

Structured Data Capture now live for all classes of business

Full Story

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