We want to help the London Market to build a diverse, dynamic workforce which offers a deep talent pool on which the market can draw

If the London Market is to retain intellectual and financial capital to be the place where it is most likely risk transfer issues will get solved, then it urgently needs to increase the flow of young talent (aged 18-24) into the market. Speciality insurance needs to become a destination career alongside other financial services businesses.

To achieve this the LMG is:

• Creating a compelling narrative around specialty insurance being a destination career
• Building visibility at universities
• Engaging school leavers
• Maximising the talent overflow, those who may be rejected by one firm but could be attractive to others

From 3rd July to the 14th we held out first #futuresacademy.

The involvement of 50 market firms and over 100 volunteers in offering work experience to 115 sixth-form students is a genuine market first. Never before has the whole market come together to try and share with the next generation its story; that this is an exciting place to work, with career opportunities that rival banking, law and the professions. So, what have we learned?

First, simply that ‘we can do it!’ Young talent finds specialty insurance attractive when our story is told and told well. Our programme was oversubscribed four times, and the response from the students was incredibly positive. By coming together and collaborating we could deliver at scale and with an impact that no one firm can manage on their own.

The LMG Board sponsor is Greg Collins

Workstream members are:

– Lisa Coleman (Atrium)
– Sian Carter (Lloyd’s)
– Fiona Temple (LMA)
– Caroline Wagstaff (LMG)
– Greg Collins (Miller)
– Geraldine Wright (LIIBA)
– Deborah Finch (IUA)
– Manuel Thompson- Oloko (CII)
– Ilona Garrigan (Aon)
– Fiona Wilson (TransRe)
– Toby Sisson (McGill & Partners)
– Lewis Morgan (Atrium)
– Vicky Medlycott (Gard)
– Jonathan Purser (LMG)
– Catt Whelan (Lloyd’s)