LMG History
LMG is the pioneer marine insurance broker in the Middle East region – with a background derived from some of the most traditional London Lloyds brokers.
LMG specializes in Marine and Energy insurances with a history in the region of more than 15 years
More than 50 dedicated professional staff are employed between the Bahrain and UAE offices with more than 25 staff specialized in the Marine and Energy division. Development in the region led further to the creation of LMG’s Property and Casualty division handling insurances for some of the regions most prestigious landmark projects.
To understand our background and how we are committed to the region, the following events and mergers evolved into what today is LMG
Chapman Middle East 1994
Lowndes Lambert (acquired Chapman ME) 1995
Lambert Fenchurch 1998
Heath Lambert 2002
LMG 2005
During 2003 Heath Lambert sold the majority of their overseas operations in order to focus on UK domestic insurance business.
LMG is the holding company name for the share acquisition - with full insurance broking licences for Bahrain and UAE.
In 2008 LMG announced a partnership with Arthur J Gallagher who is the 4th largest insurance broker in the world.
Company
L M G is the pre-eminent marine and insurance broker in the Arabian Gulf region. We transact significant insurance and reinsurance business for commmercial, industrial and financial enterprises on a retail, wholesale and reinsurance basis.
Through our partnership with Lloyd's Brokers, we are able to service our clients worldwide requirements through the international network.
Our traditions are founded on over a century of experience as a City of London broker, yet we recognise that our future lies in embracing new technologies and developing new and creative risk transfer services to our clients.
Our relationships with global insurance markets, coupled with providing innovative and intelligent risk management and risk transfer solutions to our clients, have helped us to achieve pre-eminent positions in a number of key sectors.
As a Group, our future growth will be driven by our ability to develop and maintain such a pre-eminent position in our chosen areas of operation.
OUR CLIENT COMMITMENT
Our mission is to provide the most effective, efficient and comprehensive insurance broking service in the Middle East.As part of a major multinational company, we have the strength, expertise and flexibility to meet our clients needs wherever they may be.
Our prime focus is on building partnerships with our clients. We listen to our clients, analysing and understanding their needs and requirements and provide leading-edge risk transfer solutions.With access to both regional and international markets, we can secure our clients the most competitive and comprehensive insurance protection, commensurate with their risk exposures. We don’t simply offer ‘packaged’ solutions, but ‘tailor-made’ programs designed specifically for each client.
Our relationship does not cease on the placing of the insurance covers, but continues as a working partnership throughout the entire term of our appointment, to ensure that our understanding of your insurance needs and hence the cover that we arrange, keeps pace with your changing business exposures.
L M G can offer professional advice, expertise and placement of every class of insurance available. We adapt to new industries and technologies to provide up to date risk transfer solutions.
ISO 9001 – 2000 StANDARD
As part of our continued commitment to quality, we are very proud that our companies have successfully obtained ISO 9001-2000 accreditation with DNV [Det Norske Veritas]. The Directors of the Company are determined to develop a culture of excellence within the Company with the intention that we deliver a quality product and service that makes us better than our rivals. This determination is demonstrated by the fact that L M G in the Middle East is the first and only Middle East insurance broker to achieve a recognised quality assurance standard.
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