26 February 2019, London, UK – The London Insurance and International Brokers’ Association (LIIBA) has created a new sub-group for its Broker Delegated Authority Working Group (BDAWG).
Ben Kelly, claims manager, risk solutions claims from Ed Broking, has been elected chair of the new Claims Sub-Group, whose aim is to ensure that brokers’ interests are fully represented in the area. It will meet monthly with its first meeting having taken place this month.
BDAWG was launched in July last year to focus on the work of the London Market Target Operating Model and its impact on delegated authority business.
LIIBA’s associate director Jackie Hobbs said: “Our new Claims sub-group is a relatively small and agile expert group that will inform BDAWG about the claims-related aspects of delegated authority work. BDAWG itself tends to be more focused on broking and technical matters and therefore it was felt the formation of this group would ensure all areas of delegated authority business receive broker representation.”
Note to editors:
London & International Insurance Brokers’ Association (LIIBA) is the trade association representing the interests of Lloyd’s insurance and reinsurance brokers operating in the London and international markets. We have the support of the vast majority of Lloyd’s Brokers, accounting for over 95% of the Market’s business.
Our members are engaged in the placement of $67bn of premiums in the London Market and another $24bn across the world. Collectively they contribute to the Market’s 26% share of The City’s GDP or 10% of London’s GDP (2015).
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