The Lloyd’s Market Association’s claims team has been named as Claims Team of the Year by the International Association of Claims Professionals (IACP).
This is the first time that the IACP has presented awards and they were made at its 15th annual London conference, held at Lloyd’s last week.
According to IACP, the award recognised the LMA claims team’s role in successfully supporting the Lloyd’s claims community through a period of intense and sustained change and for raising the profile of claims in the London market. The team’s co-ordination of the market’s efforts include ECF- the electronic claims files initiative, and the Claims Transformation Project.
Tim Willcock, head of claims at the LMA, said: “We’re thrilled that our work has been recognised by our peers in this way. It’s been something of a challenging time for the market’s claims professionals over the last few years so I’m delighted that the team’s hard work and dedication has been acknowledged.”
Founded in 1970, the IACP is an insurance industry professional association which provides a global forum for claim professionals to network with their peers, enhance their knowledge while freely exchanging views and ideas. Each year, the organisation holds events in London, New York and a number of other US and European cities.