The Lloyd’s Market Association (LMA) represents the interests of the Lloyd’s community, providing professional and technical support to our members. All managing and members’ agents at Lloyd’s are full members, who together manage a gross premium income of around £26 billion in 2015. Through the LMA, their interests are represented wherever decisions need to be made that affect the market.
The purpose of the LMA is to identify and resolve issues which are of particular interest to the Lloyd’s market. We work in partnership with the Corporation of Lloyd’s and other market-related associations to influence the course of future market initiatives.
Our agenda is driven by and on behalf of our members – many of whose staff freely give up their time to participate on our committees and business panels, as well as other groups who are essential to the strength of the association. We run a number of joint marine committees with the International Underwriting Association (IUA) which cover issues relating to marine hull, war, cargo, rig, specie and liability. More information on our marine related work can be found at www.lmalloyds.com/underwriting.