Market Business Glossary Update

Dear all,

We are happy to announce that release 6 of the Market Business Glossary (MBG) is now live.

In partnership with ACORD, we have now released a large number of ACORD AML and P&C reference data sets. These Delegated Authority focussed sets are to support ACORD Messaging Standards for Coverholder Reporting, and can be accessed via the Reference Data tile on the homepage of the MBG. The actual message standards are due to be published in an upcoming release of the MBG in Q2 this year.

Please note, ACORD data is only be available to ACORD member organisations with the relevant license. If you have any issues with accessing or have any questions relating to this data, please either contact me directly or contact support via datasupport@londonmarketgroup.co.uk.

Release 6 also includes;

  • A revised Glossary of Insurance Terms, with definitions of various key London Market and wider insurance-related terms. Recommendations for additional glossary terms are welcome.
  • A reference list of Foreign Insurance Legislation (FIL) codes; and
  • User interface and performance improvements when accessing large data sets.

The MBG is accessible by all participants in the London Market and currently has over 1,200 registered users across 270 organisations. If you know of someone who would benefit from the MBG, please invite them to register here. Once registered, access is available here.

Please do get in touch if you have any questions and do let us know if you would like to suggest any content for future releases of the Market Business Glossary.

We thank you for your continued support.



James Courtney-Smith
Market Business Glossary Lead

1 Lime Street
London, EC3M 7HA
Mobile: 07729 211749
Email: james.courtney-smith@limoss.london

18 March 2019