LMF Points of View

Welcome to this latest edition of LMF Points of View.

As I meet and speak with people from across the Lloyd’s and London insurance market, one thing is very clear: we are living through a period of considerable change. That is nothing new for our Market, of course, but the pace and breadth of change today feel particularly significant.

Welcome to this latest edition of LMF Points of View. We’ve assembled some genuinely insightful content from our Members, which we hope you’ll find thought-provoking and interesting. We continue to aspire to help the Market learn, network and collaborate on and around topics that are most pertinent to you and your firm, helping us all to grow and develop in this unique trading environment.

LMF is celebrating a very special anniversary in 2024. This is our 10th year at the heart of the London Insurance Market. Over the last decade, we have brought thousands of insurance professionals together with incredible organisations who support firms in the London Insurance Market and provide them with valued products and services. We’ve also been able to welcome first class speakers and commentators from around the world, including those from academia, the military and Government.

On 24th May, LMF proudly hosted its biggest and most glamourous event in our annual calendar, the incredible Market People Awards, now in it’s sixth year. For us, the Market People Awards are what it’s all about, bringing together incredible professionals, friends and colleagues who make up our unique London Market. The Awards Night is one of 40+ events hosted by LMF every year.

We live in fast changing times. At LMF, we are constantly looking to support our Practitioner Members in their understanding of our evolving industry. We continue to add new Practice Groups to our portfolio of forums, thereby supporting the growth and development of individual insurance professionals, as well as the market as a whole.

Following the global pandemic, the world of work has changed and as a Market, we are learning to adapt to a new environment. The dust has far from settled and businesses and individuals are still carving out a new relationship. For 300+ years, the London Market has thrived through the power of personal relationships and connections, being built up through not only one’s direct working colleagues, but across the wider population, who make up our incredible global broking and underwriting centre.

If you’re anything like me, you’ll have had moments recently where it’s been difficult to remember what day, week, or month we’re in—such is life in the third national lockdown. Things should get easier as spring arrives, with the weather improving, the days growing longer and, fingers crossed, the pandemic restrictions gradually being lifted.

If you managed to enjoy some time off during the period my normally associate with “holiday” season, then I hope you had a good break. It certainly has been a year that we won’t forget, but interestingly enough, through all of our work in the Market, we’ve seen some really encouraging signs.

Welcome to this first edition of the new style LMForums newsletter. Our aim is to bring you a selection of quality news and educational content each month, which reflects some of the key topics we see and hear through the multitude of events we produce and host within the Market.