Insurance body rebrands and relaunches London division

The Forum of Insurance Lawyers (FOIL) has rebranded and relaunched its London division as London Market FOIL.

The arm was originally launched in 2018 as a subdivision of FOIL and designed to support the insurance and reinsurance law firms and lawyers working in the London and Lloyd’s markets.

Now newly relaunched, it is introducing a revised membership structure and subscription that enables law firms to join the London market specific division at a reduced rate, separate from the general FOIL membership.

“FOIL has always offered a valuable forum for peer discussion, training and lobbying support for the insurance industry” said Laurence Besemer, FOIL chief executive.

“But since the launch of our London division, engagement from the London market has far exceeded expectations.

“With an exclusively London market-focused agenda, London Market FOIL provides a bespoke platform for lobbying, education and networking to demonstrate support for the London and international insurance and reinsurance markets.”

Structure

London Market FOIL also comprises sector focus teams – small groups of specialist expert lawyers from different firms collaborating to address some of the larger thematic issues the industry faces.

This includes across areas such as marine, reinsurance, energy, construction and six other key areas, with three additional areas under consideration.

Fleur Rochester, London Market FOIL president, said: “We’re excited to take London Market FOIL to the next level. London is the global hub for major, complex risk – and the partnership between reinsurers, insurers, brokers and legal representatives is essential to its continued success.

“London Market FOIL will ensure these interests are best represented by the same experts who provide day-to-day guidance across claims, contracts and compliance.”