The London Market Group is pleased to announce the creation of its Data Council, whose purpose is to drive the digitisation of the London Market through a commitment to using standardised and high-quality data between all market participants and their clients. Specifically, it will drive adoption of:
- Data standards in conjunction with ACORD
- Placement and claims in the London market’s Core Data Records (CDR), which is the critical transaction information that will drive an increase in automated processes
- Computable contracts
- Data assembly processes across the market
- Application Programme Interfaces (APIs)
Sheila Cameron, CEO of the Lloyd’s Market Association, who will chair the Council commented:
“The creation of this body is a critical step in taking the London Market to the next stage of its digital development. When it meets for the first time in January, it will kick off a process to get data standards and the Core Data Record agreed and supported by the entire market. I am grateful for the commitment and enthusiasm that everyone has shown in agreeing to make this happen.”
The Council will represent all the constituents across the London market. Its members are:
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Broker community: |
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Clyde Bernstein |
Head of Broking, GB & Global Head of Broking Technology |
Willis Towers Watson |
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Greg Collins |
CEO |
Miller |
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Richard Dudley |
CEO Global Broking Centre |
Aon |
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Jonathan Prinn |
Chief Digital Officer |
Inver Re & Chair of the Data Council’s Technical Group |
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Barnaby Rugge-Price |
Chairman |
Howden Broking |
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Dominic Samengo-Turner |
CEO Marsh Specialty UK |
Marsh |
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One broker nominee to be confirmed |
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Insurer community: |
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Hugh Brennan |
CEO Renaissance Re Syndicate Management |
Renaissance Re |
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Paul Greensmith |
Global Head of Specialty |
AIG |
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Phil Hobbs |
Deputy Managing Director Liberty Specialty Markets |
Liberty |
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Paul Jardine |
Chairman |
Asta and Chaucer |
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Kate Markham |
CEO Hiscox London Market |
Hiscox |
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Rob Wilson |
CUO Chubb Global Markets |
Chubb |
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Lloyd’s and other communities: |
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Sheila Cameron |
CEO |
LMA |
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Christopher Croft |
CEO |
LIIBA |
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Steve Hicks |
Head of Data Products |
Lloyd’s |
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Sue Jakobek |
CEO |
PPL |
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Bob James |
Market Transformation Director |
Lloyd’s |
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Dave Matcham |
CEO |
IUA |
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Chris Newman |
Managing Director |
ACORD |
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Jen Rigby |
COO |
Lloyd’s |
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Peter Spires |
General Counsel |
Lloyd’s |
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Caroline Wagstaff |
CEO |
LMG |
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DXC’s Joint Ventures’ nominee to be confirmed |
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