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LMA Operations Committee – February 2025

The committee examined the Market Oversight Framework and its potential operational implications. Members discussed Blueprint Two readiness, with a strong focus on operational resource constraints and the need for clarity from DXC. Lloyd’s provided an update on the Insight Hub and encouraged feedback. Committee members also received updates on central services transformation and IUA engagement. Continued concern was raised around MRCv3 adoption, data quality and service provider performance. The committee endorsed the need for industry-wide alignment and reinforced the value of collaborative engagement through upcoming market forums, including those supporting delegated authority and claims operations.