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)