Lloyd's the LMA announce 'groundbreaking' shared services deal

News - 18.09.2016

Lloyd’s and the Lloyd’s Market Association (LMA) have today announced a groundbreaking deal with US Hurricane model provider Applied Research Associates (ARA) to make available their Hurloss model to subscribing Lloyd’s managing agents on a shared services basis. A second project, the regional catastrophe Middle East Earthquake model has been developed. The models will be accessible on the open Oasis framework, with hosting also on a shared services basis that will be provided by Cinnober, Equinix and Datapipe.

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