IUA
@IUAofLondon
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The International Underwriting Association (IUA) supports international insurance and reinsurance companies operating in London.
London EC3R 7AA
Joined November 2012
The IUA has today issued its annual review for 2024, showcasing our efforts on behalf of members and highlighting recent achievements in advocating for the London company market. View a copy now at our website:
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Media Release: The IUA has welcomed the announcement of a new Personal Injury Discount Rate for England and Wales. The rate is used by courts to calculate lump sum compensation awards in personal injury cases and now stands at 0.5%.
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Throughout 2024 the IUA has been running a series of re/insurance policy wordings masterclasses and a recording of session three is now available to view on our YouTube channel. This latest briefing explored core procedures in the London Market.
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The IUA's fourth and final policy wordings masterclass will be taking place on Wednesday 13 November. This free, in-person training session will be focussing on the fundamentals of reinsurance structures.
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The annual compensation cycle makes this a busy time of year for human resources departments. On 13 November the IUA will be hosting a free webinar exploring the latest trends within the UK insurance sector.
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Environmental liability insurance is fast-developing business sector with many new risks. On 20 November the IUA will be hosting a free half-day conference, in association with Aspen, to examine the sector. Register now at the IUA's Education Hub:
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The IUA and the Lloyd’s Market Association (LMA) recently launched two online claims job simulations to improve visibility of career opportunities in claims and provide students with an immersive, hands-on learning experience. Watch the launch video.
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Hard copies of the IUA's London Company Market Statistics Report 2024 are now available. Pick up your copy from our offices on the 8th floor of 1 Minster Court, Mincing Lane, London.
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Watch a recording of the IUA's webinar satisfying mandatory training requirements on the California Department of Insurance's Fair Claims Practices regulations. For anyone involved in handling, adjusting, or settling claims on California risks.
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Many insurers and distributors try not to think about what will happen if either they or a counterparty comes under financial stress. On October 31 the IUA will be hosting a free webinar to provide an understanding of the key issues to think about.
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The IUA's Chief Operating Officer Louise Day is one of the judges for this year's Insurance Times Awards. Finalists in several different categories have already been announced and the winners will be selected over the next couple of days. #ITAwards
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The IUA has welcomed another senior market leader to its Board. Claire Weston is the UK Chief Executive Officer of Great Lakes Insurance SE and was appointed as a member representative last week.
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Members of the IUA's Professional Lines Claims Committee were invited to the offices of CMS this week to discuss artificial intelligence (AI) risks. The debate focussed on how AI is being used by financial institutions, regulatory developments and emerging litigation risks.
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IUA members this morning welcomed representatives from the Government's Centre for Connected and Autonomous Vehicles (CCAV). They joined a meeting of our Casualty Treaty Group to discuss the Automated Vehicles Act and the new regulated bodies and responsibilities it creates.
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The IUA's NextGen aviation underwriting and claims groups will be hosting a market conference later this month with expert speakers addressing a range of hot topics. Register now for this free event at the IUA website:
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A new model General Liability Questionnaire has been published by the IUA. Developed by members of our Casualty Treaty Group, it provides reinsurers with a template for collecting information relating to US exposures.
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The California Department of Insurance mandates annual training on the state's Fair Claims Practices regulations for anyone handling claims on Californian risks. To meet this requirement, the IUA is offering a free online briefing, on Tuesday 8 October.
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Throughout 2024 the IUA has been running a series of re/insurance policy wordings masterclasses and session three takes place on October 10. This latest briefing will be exploring core procedures in the London Market:
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A full breakdown London company market premium by class of business is available in the IUA's new report. Our Chief Executive Dave Matcham summarised the key findings and highlighted key growth areas. #iuastatistics
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On October 3 the IUA will be hosting a free market briefing event with experts from the strategic intelligence firm Herminius, looking at possible geopolitical tensions in the year ahead and how insurers can mitigate their exposures. Register now:
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