LMA reorganizes the “expensive, inefficient and complex” delegated business model
Nigel Roberts, Chairman of the Delegated Authority Committee, LMA
The Lloyd’s Market Association (LMA) has unveiled its new delegated business model and vision – a “radical departure” from the existing “expensive, inefficient and complex” model that can make the Lloyd’s market difficult to negotiate with competitors at the future.
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Lloyd’s Market Association, Committee of Delegated Authorities, Growth, Innovation, Insurance, Reinsurance, Nigel Roberts, London Market, United Kingdom
The LMA launches a “radical overhaul” of the delegated authority model
The Lloyd’s Market Association reflects on the future business model of the delegated company