Proposed changes to the London market placing slips have been given the backing of the IUA.

According to the IUA the Lloyd's Market Association's (LMA) Beazley Working Party has been in discussions with London brokers about making additions to the slip to promote transparency.

Aon has already given its backing to the proposals.

Proposed measures incorporate three new boxes, or headings, to the slip. It is anticipated that the changes will make it possible to identify the type and amount of broker remuneration on each deal.

“The framework for enhanced slip content will improve the efficient operation of the London market, and enhance its reputation as a strong, reliable market in which to place insurance and reinsurance business,” said IUA chairman Tony Medniuk.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.