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Award Categories

Celebrating EC3's Finest

Nominations are now open

The Market People Awards are all about recognising those who are shining in their careers or making an outstanding or special contribution to their team, firm or the wider Market. The purpose of the Awards is to identify the Market’s real stars and those who go out of their way to make EC3 a special place to work. The London Market is full of amazing talent and the Market People Awards gives everyone the opportunity to recognise those incredible professionals.

Insurance Team Winning Award

2024 Categories

  • The London Insurance Market Claims Professional/Team of the Year award recognises exceptional individuals or teams within the London insurance market, from either a carrier or broker who have demonstrated outstanding expertise, dedication, and innovation in managing and resolving insurance claims. Nominees will typically exhibit comprehensive skills in navigating complex claim scenarios, understanding insurance policies and regulations, and prioritising client satisfaction. The winner is likely to be an individual or team who the judges feel sets the benchmark for claims professionalism in the London Insurance Market. 

  • The London Insurance Market Broking Professional/Team of the Year award celebrates exceptional individuals or teams in the London insurance market who have demonstrated outstanding expertise, dedication, and innovation in insurance broking. Nominees will typically excel in delivering outstanding service to clients and/or navigating market dynamics adeptly, and/or negotiating optimal coverage and creativity. The winner in this category is likely to be a person or team who embodies professionalism, integrity, and innovation in their broking business or the Market, and is seen to be consistently delivering value to clients and other stakeholders. 

  • The London Insurance Market underwriting Professional/Team of the Year award recognises exceptional individuals or teams within the London insurance market who have demonstrated unparalleled expertise, dedication, and innovation in underwriting. Nominees will typically exhibit a comprehensive understanding of risk assessment, pricing strategies, and market trends, consistently delivering high-quality underwriting solutions tailored to client needs and the broking network. The winner will typically be a true champion in underwriting, embodying professionalism, creativity, while making a real contribution to the success and reputation of the London insurance market and/or their own firm. 

  • The Market CEO or Business Leader of the Year award honours an outstanding individual within the London insurance market who has demonstrated exceptional leadership, vision, and strategic acumen in navigating the complexities of the industry, helping to take their business and staff on a special journey. Nominees are distinguished by their transformative leadership style, innovative approaches to business challenges, and commitment to driving growth and sustainability. Judges are likely to look at a nominee’s track record in achieving tangible results, fostering a culture of excellence, and championing diversity and inclusion.  

  • The Rising Star of the Year award celebrates an emerging professional in the London insurance market who has demonstrated exceptional promise, dedication, and potential for future leadership. Nominees stand out for their outstanding contributions, innovative thinking, and commitment to continuous growth and development. Judges evaluate nominees based on their achievements, initiative, and impact within their firm, as well as their potential to shape the future of the market. The winner exemplifies the next generation of leaders, embodying enthusiasm, ambition, and a drive for excellence that inspires their peers and propels the industry forward. 

  • The Market Inclusion, Diversity & Equity Champion award recognises an individual within the London insurance market who has demonstrated exceptional dedication and leadership in advancing principles of inclusion, diversity, and equity. Nominees are distinguished by their commitment to fostering a culture of belonging, advocating for underrepresented groups, and driving tangible initiatives that promote equality and fairness. The winner is likely to be a person helping to drive positive change, inspiring others to embrace diversity and equity as essential pillars of success within the London insurance market. 

  • The Young Broker of the Year award is a new category for 2024 and celebrates an outstanding individual in the London insurance market who has shown remarkable talent, dedication, and achievement early in their broking – ideally in the first 10 years. Nominees need to “shine” in their firms and/or in the Market generally and exemplify the next generation of broking talent, embodying enthusiasm, resilience, and a commitment to excellence that sets a high standard for the industry. 

  • The Young Underwriter/Lloyd’s professional of the Year award is a new category for 2024 celebrates an outstanding individual in the London insurance market who has exhibited great skill, dedication, and/or innovation in the field of underwriting, early in their career – ideally in their first 10 years. Nominees need to “shine” in their firms and/or in the Market generally and be an example of emerging talent in underwriting, embodying a combination of expertise, passion, and ambition that sets a high standard for excellence within the London insurance market. 

  • The Young Claims Professional of the Year award is a new category for 2024 and celebrates an exceptional emerging talent in the London insurance market who has demonstrated outstanding proficiency, dedication, and innovation in claims management early in their career – ideally the nominee will be in their first 10 years in the industry. Nominees need to “shine” in their firms and/or in the Market and demonstrate a commitment to excellence that inspires peers and contributes to the ongoing success of the London insurance market as a centre of claims expertise. 

  • The Outstanding Contribution to Technology & Innovation award recognises a visionary individual or broking/underwriting firm or someone at Lloyd’s/or Market Trade Association, within the London insurance market, that has made significant strides in advancing technological solutions and fostering innovation. Nominees are distinguished by their groundbreaking contributions to enhancing efficiency, driving digital transformation, and revolutionising industry practices through innovative technology applications. Judges will no doubt be looking for a person or firm that is trying to influence the future of the insurance landscape or driving real change in their own business. The winner will probably be someone who is pushing boundaries, and inspiring others to embrace technology as a catalyst for positive change. 

  • The Outstanding Contribution to Change, Operations and Industry Transformation award recognises an individual, team or organisation within a broker, underwriter, Lloyd’s, Market Trade Association or Market firm formed to drive change and transformation. The individual or team will have made real strides in driving operational excellence and fostering transformative change, in their firms or at Market level, through initiatives, such as Blueprint Two. The winner will be someone who is passionate about driving initiatives that streamline processes, enhance productivity, and position their firm/the London insurance market for continued success in a rapidly changing landscape. 

  • The Outstanding Contribution to Learning & Development award recognises an individual or organisation within the London insurance market that has made significant strides in advancing educational initiatives and fostering professional growth. This person will be from an insurance underwriter, broker, Lloyd’s or Market Trade Association. Nominees are distinguished by their dedication to enhancing skills, knowledge, and capabilities through innovative learning programmes and developmental opportunities. The winner embodies a commitment to excellence in learning and development, empowering individuals and organisations to thrive in the dynamic landscape of the London insurance market. 

  • The Outstanding Contribution to Social Responsibility award is a new category for 2024 and recognises an individual or organisation within the London insurance market that has demonstrated exceptional commitment to making a positive impact on society and the community. Nominees are distinguished by their dedication to corporate social responsibility initiatives, philanthropic efforts, and sustainability practices that contribute to the betterment of society and the environment. The nominee will have worked hard to promote a culture of social responsibility, leveraging their resources and influence to address pressing social and environmental challenges.  

  • The Reinsurance Professional/Team of the Year award recognises outstanding individuals or teams within the London Reinsurance market who have demonstrated exceptional expertise, innovation, and dedication. Nominees will exhibit exemplary skills in managing or overseeing complex reinsurance transactions, navigating market dynamics, and fostering strong relationships with reinsurers. The nominee should demonstrate excellence in reinsurance, embodying professionalism, creativity, and a commitment to delivering value for clients and stakeholders within the dynamic landscape of the London insurance market. 

  • The Data, Analytics & AI Professional/Team of the Year award is a new category for 2024 and recognises outstanding individuals or teams within the London insurance market who have demonstrated exceptional expertise, innovation, and dedication in leveraging data, analytics, and experimenting with artificial intelligence (AI) to drive insights and enhance decision-making. Nominees exhibit exemplary skills in harnessing advanced technologies to extract meaningful insights from data, enabling more informed risk assessment, pricing strategies, and operational efficiencies.  

  • The Market People – Outstanding Contribution Award recognises an individual or team within the London insurance market who truly shines, either in their organisation or in the wider Market. It's a person or team who you feel truly goes that extra mile to help and support others. This could be someone who has set up a mentoring scheme for young professionals or an team who has raised awareness of a particular social movement or charity - you decide. 
     
    The winner will is likely be champion excellence, inspiring their peers and future generations of industry professionals.

  • The Market People - Lifetime Achievement Award acknowledges an esteemed individual within the London insurance market who has demonstrated unparalleled dedication and leadership throughout their career, leaving a lasting mark on their firm or the Market. Nominees are distinguished by their extensive contributions, unwavering commitment to excellence, and enduring impact on the market. The winner of this category is likely to be a true ambassador of professionalism and integrity and someone that will leave/has left a true mark on their business or the London insurance market. This tends to be awarded to someone at or nearing the end of their industry career. 

  • The London Market Consultant/Advisory Supplier of the Year award recognises an exceptional consultancy or advisory firm within the London insurance market that has demonstrated outstanding expertise, innovation, and client service. Nominees will have demonstrated expertise in providing strategic guidance, market insights, and innovative solutions to help clients navigate challenges and capitalise on opportunities. The winner will be an individual or firm in consultancy and advisory services who serves as a trusted partner and contributes to the continued growth and success of a firm and/or the London insurance market eco-system. 

  • The London Market HR & L&D Supplier of the Year Award recognises an exceptional human resources, talent sourcing/management or learning & development supplier within the London insurance market that has demonstrated outstanding expertise, innovation, and client service. Nominees exhibit exemplary skills in providing comprehensive HR solutions, talent management services, tailored learning and development programmes, and/or strategic consultancy services to meet the evolving needs of market participants. The winner will be a trusted partner in nurturing talent, fostering organisational growth, and driving excellence within the dynamic landscape of the London insurance market or a firm within the market. 

  • The London Market Law Firm of the Year Award recognises an exceptional legal firm within the London insurance market that has demonstrated unparalleled expertise, innovation, and client service. Nominees exhibit exemplary skills in providing comprehensive legal solutions, navigating complex regulatory frameworks, and delivering strategic counsel to meet the diverse needs of market participants, including claims advisory and litigation. The winner will be a leading expert in legal representation, serving as a trusted advisor and championing the interests of clients within the dynamic landscape of the London insurance market. 

  • The London Market Technology/Innovation Supplier of the Year Award recognises an outstanding technology or innovation supplier within the London insurance market that has demonstrated exceptional expertise, innovation, and client service. This is an important award, as technology is a key enabler of  client satisfaction and operational efficiency. Nominees showcase exemplary skills in providing cutting-edge technological solutions and  driving digital transformation for their clients or the market as a whole. The winner will be serving as a trusted partner for a Market firm or in advancing the London insurance market's digital capabilities and competitiveness on a global scale. 

FAQ's

Who can be nominated?

An individual, team or company in the insurance market, including an underwriter, broker, Lloyd’s, a Market trade association OR a company (not an individual) supplying goods, services or advice to the Lloyd’s and London Insurance Market. Nominations not meeting this criteria will be excluded from the judging.

Who cannot be nominated?

If you are an insurance professional, you cannot nominate yourself, but you can nominate a colleague, your team or your company, or indeed any Market friend or another firm. If you are a supplier, you cannot nominate your own firm, but your clients or another firm are welcome to nominate you.

Can you nominate multiple people, teams or firms?

Yes, you can nominate as many people, teams or firms as you like, but remember to give plenty of information or justification around your nomination. The more information you give, the easier it is for the judges to make an informed decision. It’s a fact that those nominations with minimal supporting information can often prove problematic for the judges. You can also nominate a person, team or firm in more than one category.

Are nominations confidential?

Yes, nominations are made in the strictest of confidence. Only LMF will see the name of the person making the nomination. Not even the judges will see the name of the person who made the nomination, in order to ensure that everyone is free to make the a fair nomination, without judgement.

Will all eligible nominations be included in the judging?

Yes, all eligible nominations will be included.

Is there any charge to make a nomination?

No, all nominations are completely free.

For how long is the nomination portal open?

The nomination portal is open now and will remain open until Friday 26th April at 5pm.

If I have a question about the nomination process, who should I contact?

Any questions about nominations should be emailed to info@lmforums.com

 

LMF reserves the right to validate/remove any nominations which do not meet the criteria mentioned above.

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