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London Market Group Update: Embracing Change and Efficiency in eAccounting

Stay informed on the latest developments from LMG, including eAccounting progress, MRC updates, support for placing initiatives, and the Lloyd’s Exchange program. Join us to hear about the advancements and future plans shaping the London Market Group’s transformation journey.

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London Market Group Update: Embracing Change and Efficiency in eAccounting

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  1. LMG ForumOctober 2009 Christopher Croft, LMGSMark Barwick, LIIBAGary Bass, LMAPat Talbot, IUA

  2. Agenda • Update • eAccounting • ECF2 • IMR

  3. London Market Group • Change name to reflect progress • Widened remit • Slightly adjusted membership • Same commitment to process change and FWWS • MRO = LMG Secretariat • www.londonmarketgroup.co.uk

  4. Finish What We’ve Started • Independent programme manager • Elaine Hardy (Moorhouse Consulting) • Progress to be covered in main presentations

  5. MRC – version 1.3 • New version to be published on 1st November

  6. Support for placing • Plans for enhanced change management developing • Address business implementation needs via Lloyd’s Exchange forum? • Class of Business pilot? • Practitioner workshop • At October meeting of LMG

  7. Lloyd’s Exchange • Phase 2 of the pilot is due to finish end of October • Have over 40 organisations now set up on the Exchange • Phase 3 will see a further 8 organisations join; due to begin 1st November • The live production environment was put in place last week and we have seen a few more live messages exchanged since then including the first risk being bound online. • A Lloyd’s Exchange IT Service Providers Trade Fair: Old Library, 12th November, 3pm – 5pm.

  8. Questions?

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