Speaking up for specialty insurance

As a market-wide body, the LMG brings together the specialist commercial (re)insurance broking and underwriting communities in London. We are supported by the International Underwriting Association (IUA), Lloyd’s of London, the Lloyd’s Market Association (LMA) and the London & International Insurance Brokers’ Association (LIIBA).

The LMG represents the largest global hub for commercial and specialty risk, employing over 59,000 people, earning more than $159bn in premium each year.

Our purpose

Promote London’s unique offer

Help build a platform for future growth and success

Protect and enhance its reputation

The LMG has three core audiences, each presenting a unique set of goals:

Government

Work with Westminster and Whitehall so they understand the importance of the London Market to the UK economy, ensure it can operate in an optimal manner and can promote it accordingly.

Future talent

Campaign to position specialty insurance as a destination career, explain its societal value, make the London market visible to those looking for jobs, promote the opportunities and roles available.

Customers (of all types)

Create a shop window that demonstrates the wealth of experience and expertise that sits within London and drive the right traffic to it.

The LMG Board also measures the performance of the London Market through regular data gathering and shares that with the market and various stakeholders to underpin its campaigns. The latest data is available below.

A Plan For The Future 2024 London Matters 2024 Data Pack View LMG Board

Ensuring London matters

The London Market has a rich heritage tracing back to the seventeenth century.

Over the centuries, the market has developed and grown, and today it is the largest global hub for commercial and specialty risk, delivering solutions in almost every territory around the world.

It’s a genuine market offering an eco-system of over 350 insurance carriers, brokers and professional services firms working within the square mile of the City of London.

This high concentration of insurance-related intellectual capital and depth of experience, combined with the unique face-to-face trading that takes place, is what makes London a world leading global insurance market.

London Insurance Market