Doing business the Lloyd's way

Describing a day in the life of a Lloyd's underwriter as 'typical' is a contradiction in terms because no two are ever the same. Despite the traditions, customs and eccentricities inherent in an institution like Lloyd's, its working environment, much like its business, is ever changing.

To an outsider, the institution's distinct business practices and culture may appear out dated, old fashioned and even inefficient, but the reality is much different. Lloyd's is a market which is constantly