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IUA appoints new market modernisation consultant

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IUA logo 26062012The International Underwriting Association has appointed Caroline Mullan as a project management consultant to assist with the implementation of various London Market modernisation initiatives.

Caroline will be working on projects involving electronic placement, data integration and settlement as well as the Central Services Refresh Programme and Insurers’ Market Repository. She has a broad background in project business analysis with experience of both various London Market systems and other industries.

Caroline will be reporting to IUA Programme Director Louise Day who commented: “The advent of the London Market Target Operating Model has seen a marked increase in the business process modernisation efforts of the IUA. This new appointment greatly enhances the expertise and resource available to represent the interests of London companies across a range of market initiatives.”:

About the IUA

The International Underwriting Association of London (IUA) represents international and wholesale insurance and reinsurance companies operating in or through London. It exists to promote and enhance the business environment for its members.

The IUA’s London Company Market Statistics Report shows that premium income for the company market in 2013 was £17.445bn with a further £6.831bn controlled by London but written elsewhere. These results are based on a comprehensive survey of 57 companies and combined give an overall intellectual and economic premium total of £24.276bn for the London company market.

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