The London Market Group (LMG) has launched online learning materials to help North American brokers who are less familiar with the London market learn how the market works.
The course currently includes three training modules, an overview of how the London market works, how risks are placed, and how claims get paid. Each module is 10 minutes or less and free for users.
“As part of our work to promote the London market, we wanted to be able to help brokers who don’t regularly deal with London, or those new to the industry, to understand how the market works,” said Clare Lebecq, CEO of LMG. “We have worked with colleagues in the US and subject-matter experts to create a course which uses case studies to bring the market to life and illustrate how it works.”
Lebecq said that a number of brokers are including LMG’s courses in their own educational systems.
“With the current global lockdown, we hope to bring the London market to brokers in North America even if we can’t be there in person,” Lebecq said.
The courses are part of LMG’s “London Makes it Possible” initiative.
