Lloyd's outsources training in £5m deal

Lloyd's has outsourced its training and development centre to the Chartered Insurance Institute (CII) in a deal estimated to be worth at least £5m in revenue over the next five years.

It is the first outsourcing deal to be secured by the CII which is understood to already be in negotiations for other such contracts.

The Lloyd's training centre, based in the Lloyd's building in Lime Street, provides a range of courses to brokers, underwriters, and Corporation of Lloyd's staff, including the

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