The Lloyd’s Market Association (LMA) has appointed six new members to its Next Gen Legal Committee, expanding the group to include legal professionals from a range of market participants.
The new appointees are Angela Gormley, senior solicitor at Travelers; Carrie Radford, VP underwriting counsel at RenaissanceRe; Hannah Da Moura, legal counsel at Antares; Kishan Mangat, legal counsel at Talbot Underwriting; Laura Walker, wordings counsel at Newline Group; and Nick Stratful, senior claims counsel at Antares.
The committee aims to foster collaboration among emerging legal professionals in the Lloyd’s market, contributing to projects and engaging with legal issues relevant to the industry. The LMA said the new members bring varied experience and perspectives that are expected to support the committee’s work and broaden its reach.
Andrew Hall, chair of the Next Gen Legal Committee, said, “These appointments further enhance our ability to represent the next generation of legal leaders in the Lloyd’s market. We look forward to working with our new members to advance strategic priorities and foster continued development within the legal community.”
The Next Gen Legal Committee operates as part of the LMA’s broader Next Gen initiative, which is designed to empower future legal leaders and ensure that the Lloyd’s market benefits from the perspectives of those who will shape its future direction.
The appointments come at a time of notable change in the Lloyd’s and London insurance market. Recent industry analysis shows the market is entering a softening phase, with rates falling and declines varying across different classes.
Despite continued strong profitability, net underwriting results dropped 14% to £4.8 billion in 2024, and property rates fell by 9% in both the first and second quarters of 2025. The market continues to see new entrants and expanded broker facilities, but the legacy of the previous hard market is still felt.
Alongside these shifts, institutional investors remain highly active in the London market. Mechanisms such as London Bridge 2 have injected US$2.2 billion in capital since March, with expectations that this figure could reach US$2.7 billion by year-end.
Broker facilities are also playing a larger role in risk placement, now facilitating up to 40% of market placements. This changing capital landscape is influencing how risks are shared and how capacity is accessed across the market.
Current members of the LMA Next Gen Legal Committee: