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The LMG

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The LMG

Overview

The London Market is the largest global hub for commercial and specialty risk, employing over 47,000, and paying more than £139bn in claims in the last six years.

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

It speaks collectively for market practitioners on growth and modernisation issues, and its aim is to build on London’s position and reputation as the global centre of insurance excellence.

Vision for the London Market

To be the leading client centric global provider of specialist commercial (re)insurance knowledge and solutions.

Role of LMG in realising London Market’s vision

Assist the London Market to dynamically assess (re)insurance risks, leveraging knowledge and thought leadership to develop innovative solutions that support clients and insurance markets in the UK and overseas, ensuring that these are delivered within an efficient operating environment.

Why does London Matter?

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 for risks in almost every territory around the world.

It’s a genuine market offering an eco-system of over 350 insurance carriers, brokers and affiliated professional services 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.

The London Market employs over 47,000 people

The London Market controls more than $110bn of gross written premium.

The LMG Board

The LMG Board is nominated by each Market Association and Lloyd’s

  • Andrew Brooks
  • Chief Executive Officer
  • Ascot
  • Anthony Baldwin
  • Chief Executive Officer
  • AIG Europe
  • Christopher Croft
  • Chief Executive Officer
  • London & International Insurance Brokers' Association (LIIBA)
  • Dave Matcham
  • Chief Executive Officer
  • International Underwriting Association (IUA)
  • David Furby
  • Senior Vice President, Chubb Group and Regional President, European Group
  • Chubb
  • Greg Collins
  • Chief Executive Officer
  • Miller
  • John Neal
  • Chief Executive Officer
  • Lloyd's
  • Kate Markham
  • Chief Executive Officer
  • Hiscox
  • Matthew Moore (chairman)
  • President & Managing Director
  • Liberty Specialty Markets
  • Nicolas Aubert
  • Chief Executive Officer
  • Willis Towers Watson GB
  • Richard Dudley
  • CEO Global Broking Centre
  • Aon
  • Roy White
  • Chairman
  • UK Specialties Marsh
  • Sheila Cameron
  • Chief Executive Officer
  • Lloyd's Market Association (LMA)
  • Richard Harries
  • Chief Executive Officer
  • Atrium
  • Sean McGovern
  • Chief Executive Officer
  • AXA XL
  • Andrew Horton
  • Chief Executive Officer
  • Beazley
  • Patrick Tiernan
  • Managing Director UK Commercial Lines & Global Corporate & Specialty
  • Aviva

Team

  • Faye Roney
  • Secretary to the Board
  • London Market Group (LMG)
  • Ruth Taiwo
  • Talent & Career Events Co-Ordinator
  • London Market Group (LMG)
  • ruth.taiwo@lmg.london
  • 020 7327 5596

Client

Talent & Diversity

Market Efficiency

Client Lens

Insight & Outlook

Why London?

Business Environment

Click ‘Client’ to view the LMG’s capabilities, click the orbits to vist the relevant section

Click on any of the capabilities to find out more

We deliver solutions that enrich the business environment in which we operate and drive greater efficiancy in the London Market.

We actively promote the London Market to all parties that can help it grow and be more competitive.

We research areas to highlight issues and risks, assess opportunities and stimulate the development of innovative solutions.

We work togethor as the London market and communicate as one voice on issues that affect us.

We consult on strategic, operational and tactical issues that affect our clients and the London Market

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