London Authorities' Mutual Limited
How to Join
The London Authorities' Mutual Limited (LAML) is keen to expand its membership base.
Membership is open to all 32 London Boroughs, the City Corporation of London and the Greater London Authority. Membership is obtained by application to the Board of Directors.
LAML will charge an applicant an application fee of £10,000 which will be offset against any capital contributions due upon admission to membership.
Authorities seeking to apply for membership of LAML are required to confirm that they have Cabinet (or equivalent) approval to move their qualifying insurances to LAML outside of the Public Procurement Process.
LAML is committed to promoting continuous improvement in the management of its member's risks and exposures. LAML will expect that the risk management approach adopted by an applicant will be in line with this strategy.
Applicants upon admission to membership of LAML will be required to contribute to the capital requirements of the mutual.
For the further details of the Admissions Procedure click here.