Courtney Blinco
The Financial Lines Claims Group was set up to provide a representative forum to facilitate the discussion of common issues and concerns within the financial lines market. The group reports directly to the LMA Claims Committee.
The Financial Lines Claims Group takes the lead in identifying and investigating related issues, with the aim of producing solutions for the benefit of the market. It advises and provides feedback to the LMACC where its class-specific issues have a wider implication on the market, setting up project or sub-groups to address specific issues.
The group hosts an annual symposium, bringing together delegates from across the Lloyd’s market to explore emerging trends, hear expert insights on systemic FinPro related exposures and examine their impact on claims handling. The forum supports knowledge sharing and equips attendees with the skills to respond effectively to evolving FinPro risks.
The group has created a guidance document to support claims handlers with the intricacies of handling Lloyd’s Claims Lead Arrangement.