IUA Claims Agreement Practices
In 2025 the IUA launched its Claims Agreement Practices, which outline how claims should be processed where a Company Market participation is bound using an Institute of London (ILU) or London Insurance and Reinsurance Market Association (LIRMA) stamp.
These Practices replace the previously published IUA Claims Agreement Procedures and references within Market Reform Contract (MRC) templates have been updated accordingly. Copies of the new practices are available to download below, together with an accompanying commentary.
Copies of the IUA Claims Agreement Procedures, which predate the new 2025 practices are available to download below. Also available to download is the London Processing Centre (LPC) Service Procedure Manual.