The inaugural meeting of the DACMG focused on defining its purpose, strategy and vision. Discussions centred on improving adaptability, supporting market changes, enhancing DCA efficiency and balancing governance with value-added activities. Key stakeholders were identified, including Lloyd’s, LMA groups, brokers, DCAs and LIC. Members shared the need for clear communication channels and consistent practices. The group planned to engage with other LMA committees and sector groups, with follow-up actions to include a Lloyd’s meeting on DCA approval processes, communication planning and growing the group’s membership based on evolving needs.