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Key issues covered

Regulatory Compliance and Oversight

Monitoring and addressing issues arising from UK and overseas financial services regulators (FCA, PRA etc.) that affect Lloyd’s members.

Regulatory Engagement and Advocacy

Engaging proactively with UK regulators to influence the development and implementation of regulatory policy relevant to managing and members’ agents.

Practitioner Feedback

Providing feedback from market practitioners to regulators and other external bodies on existing or proposed regulatory changes.

Proportional and Cost-Effective Regulation

Ensuring that regulatory approaches within the Lloyd’s market are pragmatic, proportionate and not unduly burdensome or costly.

Collaboration with Lloyd’s Corporation (Franchisor)

Working jointly with the Lloyd’s Franchisor on regulatory and compliance matters, including the application of Lloyd’s Principles, Standards and Guidance.

Information Sharing and Member Communication

Keeping members informed about regulatory developments via presentations, newsletters and training sessions.

Avoiding Regulatory Duplication

Reviewing the activities of both Lloyd’s and UK regulators to minimise overlapping or redundant regulatory requirements for members.

Upcoming events

For events hosted online, joining instructions will be emailed to all registered attendees closer to the date of the event no later than 24 hours prior to commencement.
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The LMA Property Insurance Claims Group (PICG) invites you to an event discussing forensic meteorology.