Association of Lloyd's Members


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Association of Lloyd's Members

An association of wealthy individuals who provide a great deal of capital that underwrites the activities of Lloyd's of London. For most of Lloyd's centuries-long history, these individuals (known as Names), had unlimited liability for any losses associated with being a Name. Lloyd's introduced Names with limited liability in 1994, and these have become increasingly important. The ALM provides a forum in which Names can voice ideas and lobby on behalf of Lloyd's.
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Names were informed of the extent of the cash call at a meeting organised by the Association of Lloyd's Members.
The Association of Lloyd's Members has appointed Anthony Young chief executive officer.
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