Posts Tagged ‘Market processes’

Carl Phillips

2009: bumper year for Market modernisation

Posted by Carl Phillips on Tuesday, December 22nd, 2009 at 9:48 am

As we approach the end of 2009 it seems an ideal time to reflect on the year – and what a bumper year we as a market have had!  It has certainly been challenging and one that has been packed full of major developments helping to modernise the market, so let me begin….
The Lloyd’s Exchange
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Carl Phillips

What’s the significance of a name?

Posted by Carl Phillips on Thursday, October 29th, 2009 at 9:48 am

It was recently announced that the London Market Group (LMG) has succeeded the Market Reform Group, is this just another renaming exercise or something more significant?
The change of name and extension of remit is truly significant; it is a reflection that the market has been reformed through the implementation of Contract Certainty, ECF, A&S and [...]

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Carl Phillips

Reducing the reporting burden

Posted by Carl Phillips on Friday, May 29th, 2009 at 2:21 pm

Many of you may have seen the announcement of the withdrawal of the Risk Registration scheme earlier this month.
The scheme began in 2001 and over the years the value of both the scheme and the data it captured has been diminishing.
So the time was right to make a call one way or another—re-energise or stop.
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