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Creating an environment for innovation

Business Environment>Overview

Overview

We want to create an environment for innovation, so that the London Market is able to respond to new client demands and existing and emerging risks. To do this we need to ensure that we have the right business environment.

This workstream is working to help us achieve this aim, and the work includes:

  • Working with the UK government, parliamentary parties and the civil service to ensure they better understand the position of the London Market and its place in the UK economy
  • Developing an agenda for government to enhance the international competitive position of the market
  • Ensuring that the regulation of the market is appropriate and is proportional to the risks we pose, recognising the market competes worldwide

London should be the fulcrum of insurance invention, the place where new solutions that meet new customer demand are developed and nurtured.

Events

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Latest Content

Clients need human support in dealing with technology based "new" risks

Full story here

Electronic placement goes live with Aviation

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Contract signed for central service for delegated authority business

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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

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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 

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