The Lloyd’s Market Association (LMA) has announced the formation of its new Treasury & Investments Group (TIG), a strategic initiative that aims to drive innovation and collaboration across the Lloyd’s market.
The TIG will be accountable to the LMA Board, reporting directly to the LMA Finance Committee.
Comprising representatives from 17 managing agents, the group offers a dedicated platform for these agents to work alongside Lloyd’s on crucial treasury and investment function developments within the market. Membership of TIG is open to all managing agents.
With Sharon Ingham, Finance Director, Blenheim Underwriting Limited, appointed as committee chair, TIG held its first meeting in March, with subsequent meetings scheduled to take place bi-monthly.
Adding to the leadership of the group, Su Fen Lim, Senior Vice President, Tokio Marine Kiln, has been appointed as deputy chair.
TIG plans to prioritise influencing asset infrastructure implementation, supporting and challenging the Lloyd’s Europe funds withheld project, and supporting Lloyd’s oversight of illiquid assets and private credit funds in Funds at Lloyd’s.
Other priorities include driving investment platform development, discussions around alleviating liquidity constraints from overseas trust funds, and consideration of responsible and sustainable investment strategies.
The group will also focus on the effectiveness of member services transformation and developments in Lloyd’s asset reporting requirements.
Sharon Ingham, Chair of TIG, commented: “The formation of the Treasury & Investments Group marks a significant step forward in fostering collaboration and innovation within the Lloyd’s market. By bringing together leading voices from across managing agents, we are well-positioned to address both immediate challenges and long-term opportunities in treasury and investment. Our priorities reflect the market’s commitment to resilience, transparency and sustainable growth.”
Jessica Wong, CFO of Beazley Furlonge Limited and Chair of the LMA Finance Committee, added: “TIG’s creation demonstrates the LMA’s proactive approach to supporting the evolving needs of managing agents. By providing a forum to share expertise and shape market-wide solutions, TIG will play a critical role in ensuring the Lloyd’s market remains at the forefront of financial best practice and innovation.”
