Lloyd’s of London to set up Manchester hub April 20, 2021 Lloyd’s of London plans to set up a Manchester ‘hub’ that will house a number of digital roles, locally sourced from Manchester’s talent pool. The insurer said the new hub should be up and running by January 2022, and those working in Manchester will be offered flexible working. The hub will focus on enhancing Lloyd’s [...]
Lloyd’s of London chairman teases ‘exciting’ plans for famous underwriting room March 31, 2021 Staff at Lloyd’s of London could see more flexibility introduced into their working week post-pandemic, but the iconic underwriting room will remain a core part of the London’s insurance industry, according to the chairman of the insurance marketplace. The insurance marketplace will open its underwriting room on 17 May, in line with the government easing [...]
Lloyd’s of London may ditch strict dress code after 335 years March 26, 2021 Lloyd’s of London could ditch its strict dress code policy for the first time in its 335-year history, with some brokers calling for the “stuffy” attire to be scrapped. Lloyd’s staff who work in one of the City of London’s most iconic buildings are expected to abide by a strict dress code. Men are expected [...]
Lloyd’s of London plans to reopen underwriting room from 17 May February 27, 2021 Lloyd’s of London is reportedly planning to reopen its underwriting room from 17 May for a few hundred people. The City stalwart is one of the first firms to lay out its initial plans for getting workers back into the Square Mile after the coronavirus pandemic. The Telegraph reported that Lloyd’s will allow 30 per [...]
Lloyd’s lures Aviva’s MD for new chief of markets role January 22, 2021 Lloyd’s said this morning it has created a new chief of markets role which will oversee performance and distribution at the insurance giant. Patrick Tiernan has been hired for the position once he has seen out his current stint as managing director at Aviva, where he was previously chief financial officer. Tiernan has 24 years [...]
Lloyd’s of London insurer Canopius ‘plans stock market float’ January 19, 2021 Canopius Group, one of Lloyd’s of London’s largest insurers, is planning a stock market flotation in London that could value the company at as much as £2bn, according to reports. The London-headquarters company, which has offices in seven countries including Bermuda, China and Singapore, has approached investment banks about working on an initial public offering [...]
Lloyd’s pledges to end investment in coal in first climate change policy push December 17, 2020 Lloyd’s of London will end investment in thermal coal-fired power plants, thermal coal mines, oil sands and new Arctic energy exploration activities as part of the market’s first ESG strategy. Lloyd’s typically has a more hands-off approach when it comes to climate change strategy. The market acts as regulator for around 100 syndicate members, and [...]