Lloyd’s strategy change gets market backing

Lloyd's building

Lloyd’s has confirmed that its proposals to modernise the market have received widespread backing from stakeholders.

The transformation plan, launched as the Future at Lloyd’s on 1 May this year, can now begin following the consultation period.

According to Lloyd’s the consultation on the six transformational initiatives proposed generated more than 4,000 insights over a 10-week period, including almost 500 online survey respondents and 300 interviews involving more than 600 people.

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