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With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo Mark Brock, Mitsui Sumitomo

With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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Page 1: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

With

LMG Secretariat

LMG ForumNovember 2011

Christopher Croft, LMG Secretariat Rob Gillies, LMATrevor Maddison, Lloyd’sColin Smith, Mitsui SumitomoMark Brock, Mitsui Sumitomo

Page 2: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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Agenda

• Modernisation update

• Endorsements jamboree

– Rob & Trevor

– Colin & Mark

Page 3: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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Racing news

Page 4: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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Racing news

Page 5: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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New Chairman

Page 6: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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eAccounts

e-Accounts "Live" Monthly Submissions

0

25

50

75

100

125

150

175

200

225

250

275

300

325

350

January February March April May June July August September October November December

No

of S

ubm

issi

ons

Broker A Broker B Broker C Broker D Broker E Broker F Broker G Broker H Broker J

Page 7: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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eAccounts

Cummulative Analysis of eAccounts Volumes

0

200

400

600

800

1000

1200

1400

1600

17 January

2011

24 January

2011

31 January

2011

07 Febru

ary 2011

14 Febru

ary 2011

21 Febru

ary 2011

28 Febru

ary 2011

07 March

2011

14 March

2011

21 March

2011

28 March

2011

04 April 2011

11 April 2011

18 April 2011

25 April 2011

02 May 2

011

09 May 2

011

16 May 2

011

23 May 2

011

30 May 2

011

06 June 2011

13 June 2011

20 June 2011

27 June 2011

04 July

2011

11 July

2011

18 July

2011

25 July

2011

01 August 2011

08 August 2011

15 August 2011

22 August 2011

29 August 2011

05 September 2

011

12 September 2

011

19 September 2

011

26 September 2

011

03 Octo

ber 2011

10 Octo

ber 2011

17 Octo

ber 2011

24 Octo

ber 2011

31 Octo

ber 2011

07 November 2

011

14 November 2

011

21 November 2

011

28 November 2

011

05 December 2

011

12 December 2

011

19 December 2

011

26 December 2

011

No

of S

ubm

issi

ons

(LPA

N e

quiv

alen

t)

Page 8: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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Non Bureau Accounting

• Live partnerships involving:

– Aon

– Willis

– XL

– ACE

• First use of the Exchange

• Ongoing discussions with wider steering group

• Room for others

Page 9: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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Placing standards

• All published at www.londonmarketgroup.co.uk

Page 10: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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2012 workplan

• In development

• Headed for LMG on 8th December

Page 11: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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2012 Forums• 2012 dates:

– 18th January

– 29th February

– 29th March

– 18th April

– 23rd May

– 28th June

– 27th September

– 31st October

– 28th November

– 18th December

• July & Aug TBA

Page 12: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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Endorsements

Page 13: With LMG Secretariat LMG Forum November 2011 Christopher Croft, LMG Secretariat Rob Gillies, LMA Trevor Maddison, Lloyd’s Colin Smith, Mitsui Sumitomo

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Questions?