LMA expands marine committee; puts 'cyber gap' on 2018 agenda
Lloyd's Market Association (LMA) has expanded its marine committee with the addition of senior Talbot, Atrium and Apollo executives.
James McDonald, global head of marine and energy at Talbot; Richard Tomlin, class underwriter for marine property at Atrium; and Simon Mason, head of Energy at Apollo, along with seven re-elected members, will serve a term of two years.
The LMA marine committee provides leadership and direction to the Lloyd’s marine underwriting community and advises the LMA board on strategic matters relating to marine business.
LMA stated that its priorities for the year ahead include addressing the cyber gap, which is the gap between what the PRA may require in this area and current market practice. At the same time, it will assist the market in relation to its understanding of cyber exposure and coverage issues.
Neil Roberts, head of marine, LMA said: "I am pleased to welcome James MacDonald, Richard Tomlin and Simon Mason to the committee. Their combined knowledge and experience of the market will be an invaluable asset. The high standard of candidates putting themselves forward has enabled us to assemble an impressive committee of highly respected experts and leaders in the marine market."
Join us at Intelligent Automation in Insurance - London 2018. Spring Special: Book before the March 31st and save £200.
More of today's news
Cigna reveals $67bn acquisition deal in the US
US P&C reinsurers record 2017 combined ratio of 108.2%
Castel Specialty secures new Lloyd’s binder capacity
Aviva grows general insurance business but combined ratio deteriorates
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze