London Market FOIL
Our Mission
London is the global hub for major, complex risks. Be it risk mitigation, (re)insurance solutions, claims or product distribution, the relationship between, reinsurers, insurers, brokers and legal representatives has always been vital to its continuing success.
London Market FOIL exists to ensure that these interests are best represented by the legal experts that provide day-to-day support. We are a longstanding trusted partner, covering all the key issues, both looking out from London across the international landscape and likewise working with those around the world who look to London to provide the solutions they need.
Our core commitments are to lobby, educate and network on behalf of the sector. This means we are more than a voice for lawyers and the firms they work for, we are deeply embedded in the ecosystem.
We achieve this by:
- Listening to the Market
- Representing the Market's best interests
- Helping the Market maintain its preeminent professional position
- Providing clear and pragmatic advice to the Market
- Working collaboratively with other experts retained by the Market
- Being fully engaged with and within the Market and acting as an ambassador at home and overseas
London Market FOIL was created in 2018 as a new division of the organisation that will support the insurance and reinsurance law firms and lawyers working in the London Lloyd’s Market.
With an exclusively defendant focused agenda, London Market FOIL provides a platform for lobbying, education and networking. For 2024/25 the division will be led by Fleur Rochester partner at global law firm Kennedys, who takes on the role of President.
The work of the new division is delivered through effective processes and practices that FOIL has established over the last 25 years: London Market FOIL comprises sector focused teams – small groups of specialist expert lawyers from different firms collaborating, campaigning, discussing and seeking common solutions to some of the larger thematic issues the industry faces. This could be helping the industry address its modernisation agenda, lobbying on behalf of the industry over Brexit, or teaming up to help the sector tackle the talent and diversity challenges it may face. The thorough industry consultation and modelling that led up to the launch of this new division identified the need for a collective voice on these key issues. London Market FOIL helps to develop close relationships with insurance and reinsurance companies and trade bodies, whilst maintaining independent views on how to resolve the challenges facing the London Market.
Commenting on the initial launch of London Market FOIL in 2018, Laurence Besemer, FCII, CEO of FOIL said:
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In the last quarter-century FOIL has established itself as the leading voice representing those engaged in the defence of insurance-related claims. Rolling out this successful model into the most famous insurance market in the world, marks the start of an exciting new chapter and I’m looking forward to working with the London Market FOIL Executive team and all the other exceptional lawyers in this market
Laurence Besemer, FCII CEO of FOIL
In support of London Market FOIL, Christopher Jones, Director of Legal and Marketing Services from the International Underwriting Association says:
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The formation of the London Market FOIL is a welcome development. Insurance law has changed much in recent years and a more effective voice for legal professionals in our sector will certainly benefit the industry as a whole.
Christopher Jones Director of Legal and Marketing Services from the International Underwriting Association
