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Insight & Outlook

Overview

We aim to generate original thinking on issues of common interest.

This strategic initiative will leverage the tremendous intellectual capital in our Market to support growth by:

  • Curating knowledge and intelligence from in and outside the market to stimulate debate around common problems and collective solutions.
  • Commissioning research or partnering with academic institutions or think tanks to go broader and deeper into each topic of interest.
  • Encouraging fresh thinking and stimulating action.
  • Dave Matcham

    Chief Executive Officer

Governance

The LMG Board sponsor is Dave Matcham.

Workstream members are:

– Clare Lebecq (LMG)
– Antoine Guerin (LMG)
– Trevor Maynard (Lloyd’s)
– Scott Farley (IUA)
– Lidia Bozhevolnaya (Hiscox)
– Leslie Kurshan (Marsh)
– Rachel Crocker (LMG)

Progress

Since the launch of this initiative in February 2019 our work has been mainly focused on preparing London Matters 2020. The report has established itself as a key document for our industry as it acts as a basis for discussion about the Market, its position in the global industry and the issues it faces when looking to the future. Having a fact-based approach to our thinking and planning has helped us to gain unprecedented levels of market and government engagement across our work.

In addition to our work on London Matters 2020, and as part of our drive to give London Market participants greater insights, we have collaborated with the supplier of Eventwatch® a 24/7 world event alert “app” that market participants can download for free. Further information on this can be found below.

London Matters 2020

On the 19th May 2020 the London Market Group’s launched its influential report which tracks the growth and development of the London insurance market over time. Since 2010 we have been tracking the key data on the market including its overall size, the breakdown by class of business, geographical sources of risks and its financial contribution. In this report we also looked specifically at investment in the London Market, the contribution that claims make to the wider global economy and changes to the make-up of insurers within the market. This report analyses these key trends as we head into a new, technologically-driven era that will disrupt existing business models and redefine customer relationships.

To download the report here.

To access an interactive version of the main market sizing section of the report please click here.

Live Webinar- London Matters 2020 Launch

View the live webinar launch of London Matters 2020 as we share insight, facts, figures and information surrounding the London insurance market and the opportunities this presents in the future. Our speakers include London Market Group CEO Clare Lebecq MBA ACII, Economic Secretary to the Treasury and City Minster John Glen, Lord Mayor of The City of London William RussellLiberty Specialty Markets President and Managing Director Matthew MooreInternational Underwriting Association of London CEO Dave Matcham FCIIMcKinsey & Company Partner Ari Chester and Associate Partner Leda Zaharieva.

EventWatch

EventWatch® AI is a worldwide event monitoring app that is free for all London Market practitioners to download. If your firm is a member of LIIBA, IUA, LMA or you work for the Corporation of Lloyd’s you are eligible to register.

EventWatch® tracks millions of internet sources in 53 different languages using natural language processing to bring you news and developments that have the potential to impact your clients. These include:

  • Merger & Acquisition
  • Factory Fire/Explosions
  • Business Sale
  • Fine/Recall
  • Legal Action/Settlement
  • Cyber Attack
  • Company Split
  • Profit Warning
  • Regulatory Change
  • Weather alerts

You can get alerts directly to your email or receive them as push notifications on the mobile app (which is available on App Store for ioS devices and Google Play Store for Android devices).

If you would like to sign-up for the service, please register by filling in the details below

By clicking submit below, you agree to the Terms Of Use and consent to allowing the London Market Group to store and share personal information submitted with Resilinc to provide you the content requested.

EventWatch® is provided by:

FAQs
Terms of use

Key Documents

To download the Report click here.