
- Andrew Brooks
- Chief Executive Officer
- Ascot
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).
The LMG is the only forum that convenes and represents all market participants, facilitating debate, articulating key messages and taking action on the topics where a single voice or campaign is most effective. Its purpose is to:
The LMG Board also measure 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 here (Fact Base 2022) .
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 48,000 people
The London Market controls more than $120bn of gross written premium.
The LMG Board is nominated by each Market Association and Lloyd’s