LMA - Internal Audit Committee

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Internal Audit Committee

The LMA Internal Audit Committee serves as a dedicated platform for Heads of Internal Audit from across Lloyd’s managing agents. It facilitates knowledge exchange, collaboration and the advancement of internal audit practices tailored to the unique dynamics of the Lloyd’s market.

By promoting consistency, high standards and peer learning, the committee supports the development of effective assurance frameworks that help maintain transparency, accountability and regulatory confidence within the market.

Committees » Finance

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Alex Koukoudis

Senior Executive, Finance and Risk

Committee secretary

Key issues covered

The Internal Audit Committee supports the advancement of audit excellence and effective assurance practices across the Lloyd’s market. Its core areas of focus include:

Regulatory and market alignment

Evaluating proposed changes to existing return templates and reporting requirements issued by Lloyd’s.

Best practice development

Establishing and promoting industry-leading audit methodologies, standards and risk-based approaches.

Peer collaboration

Enabling knowledge-sharing and dialogue among Heads of Internal Audit to address emerging risks, operational challenges and audit innovation.

Lloyd’s and industry engagement

Acting as a key point of consultation for Lloyd’s and external regulatory bodies on matters related to internal audit policies and frameworks.

Committee insights

LMA Capital Provider Data Requirements

Finance, Actuarial and Exposure Management Update, Q2 2026

Lloyd’s Market Investments Analysis

Upcoming events

For events hosted online, joining instructions will be emailed to all registered attendees closer to the date of the event no later than 24 hours prior to commencement.

View more events

When Cyber Becomes Physical: Understanding OT Risk, Loss and Claims

This panel discussion will examine the distinctive exposures created by OT and how they differ from traditional IT cyber risk. It will explore how cyber incidents can result in losses within the Cyber Physical Damage market, including risk codes CZ and CH, as well as across Political Violence and Terrorism, Property, Energy and Marine classes of business.

Data Centres: Regulation, Resilience, Availability and Performance

The LMA invites members to a series of webinars on the risk and resilience of data centres.

Beyond the Headlines: Claims Insights on Political Risk & Political Violence 2026

Against a backdrop of increasing geopolitical uncertainty, this event will bring together claims professionals, underwriters, legal experts and industry specialists to explore the evolving challenges and opportunities facing the political risk and political violence markets.