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Finance Next Gen Committee

The committee received a detailed presentation on the LMA Broker Processing Performance Dashboard, outlining its purpose, functionality, funding model and planned December launch. The dashboard will provide market- and syndicate-level insights into premium payment performance, with tiered access and market-wide engagement to support improved broker outcomes.

LIMOSS provided an overview of its market services, governance and funding model, including how charges are calculated, reviewed and credited back to managing agents. Updates from the Finance Committee and workstreams covered reporting developments, audit fees, acquisition cost pressures, talent pathway initiatives, and FCP monitoring. A roundtable discussion highlighted ongoing challenges around half-year financial reporting consistency and rising audit and expense ratios, with follow-up actions agreed to support benchmarking and market alignment.