The Message Exchange Limited (TMEL) is a company limited by guarantee. The three Market Associations – International Underwriting Association (IUA); London and International Insurance Brokers’ Association (LIIBA); and Lloyd’s Market Association (LMA) – and the Society of Lloyd’s are equal participants in TMEL.
TMEL owns and operates the Exchange – the messaging hub that supports the sending and receiving of ACORD standard data messages between counterparties in the London insurance market.
To manage the provision of the Exchange service to meet the operational requirements of its customers and the ambitions of its members in accordance with the articles of association.
To provide a trusted electronic messaging hub to the insurance market by ensuring