Brokers sign up for reform
About 77% of brokers by premium income, including Marsh, Aon and Willis, have signed up to reform the...
About 77% of brokers by premium income, including Marsh, Aon and Willis, have signed up to reform the London insurance market.London Market Principles 2001, a group of practitioners driving reforms, found a further 60% of the Lloyd's market by written premium, and 30% of the company market by business, has signed up.
The reforms sought include speeding up processes at Lloyd's, improving the market's performance in areas such as premium and claims payment, claims processing and policy
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