The Exchange is owned by The Message Exchange Limited (TMEL).
TMEL is a company limited by guarantee. There are four equal participant organisations that jointly own TMEL - International Underwriters Association (IUA); London and International Insurance Brokers Association (LIIBA); Lloyd's Market Association (LMA); and the Society of Lloyd's (Lloyd's).
Each member nominates one director to the TMEL Board.
They are currently:
Mark Chapman (IUA) - Chair
Joe Dainty (Lloyds)
Hugh Maltby (LMA)
Full Press Release here
Full story here
Read the full press release here
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