News analysis: Lloyd’s booze ban splits opinion

city-drinking

The market reacts to prohibition on daytime drinking

Lloyd’s of London’s decision to introduce a daytime alcohol ban was a hot topic of, albeit sober, discussion last month.

The 329 year old insurance market introduced the booze prohibition after finding out that nearly half of disciplinary cases were linked to drinking.

The 9am to 5pm work day injunction only covers the 800 Lloyd’s staff rather than insurance brokers and underwriters who do business there.

Employees caught flouting the new rule could be sacked for gross misconduct. The ban is now

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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