Lloyd’s Market Association to Close Office in Response to COVID-19

The Lloyd’s Market Association (LMA) is closing its office from Tuesday March 17 until the end of March in response to the COVID-19 outbreak.

While its “Work From Home Business Continuity Plan” is operational and the office is closed, the LMA said it will still open for business and operating as close as possible to normal.

The LMA said it is taking the following actions in response to the COVID-19 crisis:

• From Tuesday March 17, LMA’s offices will be closed, but will still be open for business with LMA staff working remotely.
• From Friday March 13, until the end of April, all LMA’s events and academy programmes have been postponed.
• From Friday 13 March, all LMA meetings will be hosted via conference call, video conference or a combination of the two.

“We recognise that this is a different way of working – we are fully equipped and prepared to continue working as close to usual as possible with the London market,” said the LMA.

The Lloyd’s market also is stress-testing its contingency plans in response to the coronavirus outbreak, closing for 24 hours on March 13.

Related:

• Lloyd’s to Shut London Building for Coronavirus Stress-Test – But Trading Will Continue

Topics Excess Surplus Lloyd's COVID-19