Lloyd’s reveals market increases in female and ethnic minority leadership

Lloyds

Lloyd’s has reported a two percentage points increase in the proportion of women in leadership roles to 32%, as it targets reaching 35% by year-end.

According to the marketplace, the “strong progress” has brought the goal “within reach”.

Lloyd’s said it was encouraged that 35% of firms already met or exceeded the 35% target, up from 26% last year.

Ethnic minority representation in leadership also rose, by four percentage points, to 9%.

Lloyd’s measured leadership across boards, executive committees and direct reports of executive committees. Improvements were seen for both gender and ethnicity leadership in all three levels, Lloyd’s

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JMG buys Madoc & Rhodes

JM Glendinning Insurance Brokers has purchased Birmingham-based Madoc & Rhodes, adding to its growing portfolio.

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