Underwriting Academy
The Underwriting Academy enhances the technical expertise of underwriting professionals within the Lloyd’s market.
The underwriting pathway is comprised of four levels – foundation, intermediate, advanced and expert – offering learning aligned to roles and professional experience.
Events
Visit the LMA Virtual Academy for full details, including learning objectives, content, target audience, availability, dates, costs and registration information.
Note: Access is for LMA members only (login required).
Foundation
Professionals looking to refresh their skills or explore new areas, at any stage of their career.
- Commercial Acumen for Underwriters
Understanding the metrics and ratios of Insurance organisations, what they mean and how they are used to measure performance - Data, AI and Automation Essentials
This programme combines the art of storytelling with data and foundational knowledge of AI and automation. - Introduction to Business Interruption
This highly participatory foundation-level programme will examine the intricacies of BI insurance and the opportunities and challenges it presents. - Introduction to Contingency
Delegates will gain practical insight into contingency insurance, covering loss causes, key sub-classes, exposure management and the end-to-end claims process. - Introduction to Contract Wordings
Delegates will develop a greater understanding of insurance contract wordings, how to make sure wordings achieve your objectives and the legal and regulatory context in which wordings operate. - Introduction to Delegated Authority
This two day practical programme covers the breadth and range of Delegated Authority arrangements and how they work, are managed and governed.
- Introduction to Fine Art & Specie
Delegates will develop practical knowledge of fine art and specie insurance, including key loss causes, policy wordings, underwriting decisions and risk assessment. - Introduction to the Lloyd’s and London Marketplace
Understanding how the Lloyd’s and wider London Insurance and Reinsurance market works is crucial to people building knowledge in the early stages of their career. - Introduction to Reinsurance
Delegates will develop a greater understanding of insurance contract wordings, how to make sure wordings achieve your objectives, and the legal and regulatory context in which wordings operate. - Introduction to Terrorism
Delegates will gain a comprehensive understanding of terrorism insurance in Lloyd’s, including market dynamics, underwriting, coverage, exposure management, reinsurance and claims handling. - Storytelling with Data and Defining AI
This introductory programme combines the art of storytelling with data and foundational knowledge of AI and automation.
Intermediate
Professionals with established experience, looking to develop expertise and expand their knowledge.
- Corporate Financial Statements for Underwriters
This session provides an understanding of corporate financial statements and how to analyse the information they contain to help make informed underwriting decisions. - Contract Wordings – Business Interruption
Delegates will experience the life cycle of a business interruption risk – from policy placement to claims settlement – over the course of a single day. - Contract Wordings – Liability
Delegates will experience the ‘life cycle’ of a liability insurance risk – from placement to claims – over the course of a single day. - Contract Wordings – Reinsurance: Delegates will experience the life cycle of a reinsurance risk – from placement to claims – over the course of a single day.
- Cyber Incident Desktop
This interactive cyber simulation exercise will help delegates appreciate what cyber is, examine the threat landscape and consider wordings/coverage and claims issues.
- Cyber Risk Management
- Driving Portfolio Performance
Delegates are equipped with a portfolio mindset to make the most of internal expertise and external market awareness and to confidently collaborate with others to identify the portfolio management actions and drive portfolio performance. - Syndicate Business Planning
This programme provides a practical foundation for delegates starting out in the SBP process, targeting those with the potential to lead syndicate planning work. - Working in the Lloyd’s Market for Professionals
This two-day programme provides a practical overview and a hands on business simulation of how a syndicate operates.
Board
Highly established professionals with comprehensive knowledge in their field and the wider market.
- INED Programme
- INED Alumni
Claims Academy
The Claims Academy enhances the technical expertise of claims professionals within the Lloyd’s market.
The claims pathway is comprised of four levels – foundation, intermediate, advanced and expert – offering learning aligned to roles and professional experience.
Events
Visit the LMA Virtual Academy for full details, including learning objectives, content, target audience, availability, dates, costs and registration information.
Note: Access is for LMA members only (login required).
Early Talent
Early professionals looking to refresh their skills or explore new areas, at any stage of their career.
- Claims Essentials
This programme provides the opportunity to learn about and discuss the concepts of how claims fit into the wider organisation
Foundation
Professionals looking to refresh their skills or explore new areas, at any stage of their career.
- Claims Ecosystem
This gamified online learning will help delegates understand the key principles of the Lloyds Market and the essential roles crucial to success in the claims journey. - Financial Acumen for Claims Professionals
This programme covers broad commercial concepts and principles through the specific lens and focus of claims.
Intermediate
Professionals with established experience, looking to develop expertise and expand their knowledge.
- Claims Operations Management
This programme helps participants to play a leading role in the success of the claims operation of their managing agency - Claims Management
The claims practitioner programme develops future claims leaders by focussing on subjects that are important to the function of the team and the wider business.
Board
Highly established professionals with comprehensive knowledge in their field and the wider market.
- INED Programme
- INED Alumni
Finance, Risk and Actuarial Academy
The Finance, Risk and Actuarial Academy enhances the technical expertise of finance, risk, actuarial, regulatory and legal professionals within the Lloyd’s market.
The finance, risk and actuarial pathway is comprised of four levels – foundation, intermediate, advanced and expert – offering learning aligned to roles and professional experience.
Events
Visit the LMA Virtual Academy for full details, including learning objectives, content, target audience, availability, dates, costs and registration information.
Note: Access is for LMA members only (login required).
Foundation
Professionals looking to refresh their skills or explore new areas, at any stage of their career.
- Global Macro Economics
This session aims to increase understanding of how financial systems across the world affect each other, and how analysis of these effects can support decision making - Introduction to Financial Crime
This interactive course provides delegates with a practical account of the history, the regulatory requirements for firms and an opportunity to discuss future challenges.
- Insurance Financial Statements for GAAP reporting
This half-day event will cover the foundations of understanding insurance financial statements for GAAP reporting. - Introduction to Python
This hands-on programme will provide delegates with the opportunity to learn the fundamentals of Python through interactive Jupyter Notebooks and gain relevant tools and techniques using Pandas and NumPy.
Intermediate
Professionals with established experience, looking to develop expertise and expand their knowledge.
- Insurance Financial Statements for IFRS 17 Reporting
This half-day workshop will provide an in-depth view of the financial statements of insurance companies and of insurance syndicates prepared under IFRS17. - Data Visualisation with Python
This programme examines two popular libraries for creating static 2D plots: Matplotlib and Seaborn.
- Syndicate Accounting for Finance Professionals new to Lloyd’s
This programme provides an in-depth understanding of finance teams’ role within a Lloyd’s managing agent and syndicate accounting. - Working with the Board of a Lloyd’s Managing Agent
Participants will gain awareness of the role of the audit and risk committees, Lloyd’s processes and key concepts, including accounting, business planning, market oversight, regulation, capital and reporting.
Board
Highly established professionals with comprehensive knowledge in their field and the wider market.
- INED Programme
This programme provides an overview of the Lloyd’s Market, its constituent elements, governance, operation and performance. - INED Alumni
Operations Academy
The Operations Academy enhances the technical expertise of operations professionals, as well as underwriters and claims professionals seeking to deepen their understanding of operations within the Lloyd’s market.
The operations pathway is comprised of four levels – foundation, intermediate, advanced and expert – offering learning aligned to roles and professional experience.
Events
Visit the LMA Virtual Academy for full details, including learning objectives, content, target audience, availability, dates, costs and registration information.
Note: Access is for LMA members only (login required).
Intermediate
Professionals with established experience, looking to develop expertise and expand their knowledge.
- Operational Management Business Simulation
This programme provides an intensive, practical and developmental opportunity to explore and deploy the principles and practices of balancing cost, quality and timeliness to operational delivery - Operational Resilience Scenario Testing
This programme will help delegates to develop their ability to carry out scenario testing and implement actions immediately
Early Talent Academy
The Early Talent Academy enhances the technical expertise of professionals in the first three years of their careers within the Lloyd’s market.
Events
Visit the LMA Virtual Academy for full details, including learning objectives, content, target audience, availability, dates, costs and registration information.
Note: Access is for LMA members only (login required).
Programmes
- Data, AI & Automation Essentials
This programme combines the art of storytelling with data and foundational knowledge of AI and automation. - Kickstarter Induction Programme
This immersive five-week development programme provides a comprehensive, dynamic and hands-on introduction to the world of Lloyd’s insurance, along with a new network of peers from across the market. - Underwriting Essentials
The programme considers technical and commercial knowledge crucial to underwriting success. - Working in the Lloyd’s Market Essentials
This interactive 2-day programme provides a practical insight into how a syndicate operates within the Lloyd’s market via a hands-on business simulation.
Visit the LMA Virtual Academy
Note: Access is for LMA members only (login required).