PRESS RELEASE
18 September 2024
LMA celebrates first qualified solicitors from its Legal Trainee Wordings Scheme
London, 18 September 2024: The Lloyd’s Market Association (LMA) has today announced the qualification of the first graduates from its Legal Trainee Wordings Scheme. Tara Allen and Faizan Mahmood qualified as solicitors on 12 September.
The two-year initiative, funded by the LMA, is designed to produce qualified and technically trained solicitors, ready to support the London insurance market. Through a series of London market placements, Tara and Faizan have gained experience of legal, wordings, regulatory compliance and underwriting, with specialist development within Lloyd’s of London members.
Arabella Ramage, Legal Director at the LMA, said: “We are pleased to congratulate Tara and Faizan on their success and dedication over the last two years. The LMA is committed to enhancing technical ability, success and training within the Lloyd’s market. Our Legal Trainee Wordings Scheme will continue to drive talent into the market by advancing wordings, legal and regulatory expertise."
Both Tara and Faizan have been successful in gaining employment as in-house lawyers in the Lloyd’s market. Tara has joined Probitas 1492 and Faizan has joined AXA XL.
Tara Allen, graduate of the Legal Trainee Wordings Scheme, said: “The scheme has been pivotal in developing my legal knowledge and building my experience in order to set me up for the rest of my career.”
Faizan Mahmood, graduate of the Legal Trainee Wordings Scheme, said: “The LMA’s scheme offers a unique opportunity for aspiring solicitors in the insurance industry. I look forward to developing my career in my new role.”
The LMA has since established the initiative as a rolling training scheme, with an additional four trainees currently taking part in the programme.
If your company would like to get involved in providing one of the new placements, please get in touch with Arabella Ramage.
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Notes to Editors
Media relations contacts
LMA:
Carole Porter, Head of Communications | +44 20 3307 3947 | Email: carole.porter@lmalloyds.com
Omnia Partners:
Victoria Sisson, Director | +44 794 129 4872 | Email: victoria.sisson@weareomniapartners.com
About the Lloyd’s Market Association (LMA)
The Lloyd's Market Association (LMA) exists at the very heart of Lloyd's, a world-leading global marketplace for complex risk where solutions to challenges are delivered every day. All 55 Lloyd's managing agencies, with a total market stamp capacity of approximately £52.6bn in 2024, and all Lloyd's members' agents, are members of the LMA.
We represent our members' interests to organisations including governments, regulators, and the market's central supporting body, the Corporation of Lloyd's. We provide professional and technical expertise in areas ranging from model policy wordings to the implementation of innovative technologies. We connect with our members to identify and resolve issues facing the market, and work in partnership with Lloyd's and the other market associations to influence initiatives and outcomes. We operate the market's most comprehensive technical education service, the LMA Academy. For more information visit: www.lmalloyds.com.