London Presses On With Market Reforms

One of the most critical issues facing the London market today is the reform of its worryingly outmoded and antiquated practices.

The London Market Brokers Committee is one of the keenest advocates of reform. Its London Market Principles proposals are designed to bring London in line with the rest of the modern world, to raise standards and promote best practice within the market as a whole. LMP focuses on three key issues: the timely issuance of policies and the speedier payment of both premiums and claims.

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