The Lloyd's Market Association (LMA) is to merge with the Lloyd's Motor Underwriters' Association (LMUA).
The move makes the LMA the one association responsible for representing the interests of all the managing agents and syndicates operating within the Lloyd's market.
LMA chief executive Simon Sperryn said: “This merger completes the final piece of the jigsaw in the formation of a single voice for all underwriting businesses at Lloyd's. In future years it will allow managing agents to make significant savings.”
