Institute of London Underwriters (ILU)

The Institute of London Underwriters (ILU) is a professional organization that represents insurance companies in London, particularly those involved in marine and reinsurance markets. Founded in 1901, its main role is to promote best practices within the industry, provide a platform for collaboration, and establish guidelines for underwriting risks. The ILU also plays a crucial part in supporting the development of the insurance sector, ensuring high standards of professionalism and integrity. Through its work, the ILU helps to facilitate the smooth functioning of the London insurance market, which is one of the largest in the world.