Governance

The Exchange is owned by The Message Exchange Limited (TMEL).

TMEL is a company limited by guarantee.  There are four equal participant organisations that jointly own TMEL - International Underwriters Association (IUA); London and International Insurance Brokers Association (LIIBA); Lloyd's Market Association (LMA); and the Society of Lloyd's (Lloyd's).

Each member nominates one director to the TMEL Board.  They are currently:

Shirine Khoury-Haq (IUA)
Simon Gaffney (LIIBA)
Kirk Maddern (LMA)
Peter Spires (Lloyd's)

 

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