About LMG

 

LMG's remit includes:

 

  • Setting, maintaining and promoting the common vision of London as the market of choice for global insurance
  • Identifying and/or initiating and/or approving; and sponsoring commonly agreed projects that will build towards the vision
  • Determining the relative priority of projects within the overall modernisation programme
  • Commissioning commonly agreed market bodies to take primary responsibility for delivering those projects and to ensure they are appropriately resourced and financed
  • Tracking and reporting on progress of those projects
  • Leading the communication of the modernisation agenda.

 

Additionally, LMG exists to provide clarity and, where necessary, leadership on other, non-business process related, issues that require cross market consensus or collaboration.

 

LMG will therefore consider all work where there is a need to have a co-ordinated or consolidated cross market view on any issue; and where collaboration between market constituents might deliver a more efficient overall outcome than individual action.

 

More information:

 

LMG Terms of Reference