📣 Calling all Lloyd's market professionals looking to explore innovation and new product creation! Applications have now opened for the Lloyd’s Lab FutureMinds programme - focused on War and Terrorism, and Geopolitical Risks - and you can sign up by following the link below. FutureMinds is an 8-week product development bootcamp aimed to help participants build an innovation skillset while collaboratively developing new insurance solutions. 💡 You’ll have the opportunity to: ✅ Collaboratively develop customer-centric products ✅ Tackling complex challenges and drawing insights from data ✅ Develop replicable innovation skillset You can contact Iryna Chekanava with any questions and find out more programme information and sign up here and in the comments 👉 https://lnkd.in/g3cRbj2H #LloydsLab #Innovation #ProductDevelopment
Lloyd's
Insurance
Lloyd's is the world's leading marketplace for insurance and reinsurance.
About us
Lloyd’s is the world’s leading insurance and reinsurance marketplace. Through the collective intelligence and risk-sharing expertise of the market’s underwriters and brokers, Lloyd’s helps to create a braver world. The Lloyd’s market provides the leadership and insight to anticipate and understand risk, and the knowledge to develop relevant, new and innovative forms of insurance for customers globally. It offers the efficiencies of shared resources and services in a marketplace that covers and shares risks from more than 200 territories, in any industry, at any scale. And it promises a trusted, enduring partnership built on the confidence that Lloyd’s protects what matters most: helping people, businesses and communities to recover in times of need. Lloyd’s began with a few courageous entrepreneurs in a coffeeshop. Three centuries later, the Lloyd’s market continues that proud tradition, sharing risk in order to protect, build resilience and inspire courage everywhere.
- Website
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http://www.lloyds.com
External link for Lloyd's
- Industry
- Insurance
- Company size
- 1,001-5,000 employees
- Headquarters
- London
- Type
- Privately Held
- Founded
- 1688
Locations
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Primary
One Lime Street
London, EC3M 7HA, GB
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Employees at Lloyd's
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Joe Hurd
Public Company Director. Tech Executive. Husband and Dad^3. I don’t count points scored - I count assists.
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Dave Bogaerts
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Nick Donovan
Head of Market Development - Lloyd's
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Dawn Miller
Chief Commercial Officer, Lloyd’s| CEO, Lloyd’s Americas| Chair of Board of Trustees, Insurance Industry Charitable Foundation UK| IWF
Updates
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Our financial strength rating from AM Best has been upgraded to A+ (superior), from A (excellent), and our long term issuer credit rating revised to ‘AA-’ (superior) outlook stable from ‘A+’ (excellent) outlook positive. Ratings are a key signifier of our resilience and attractiveness as a market, giving our stakeholders confidence to do business with Lloyd’s. They're also a testament to the progress we've made in recent years to strengthen the performance of our market making it more profitable, sustainable and efficient – as demonstrated in Lloyd's 2023 financial results. Burkhard Keese, Lloyd’s CFO, said: “This upgrade from AM Best follows that of S&P Global at the end of last year, with both agencies acknowledging the strength and resilience of Lloyd’s balance sheet and its strong operating performance." "Capital management continues to be Lloyd’s focus to ensure the attractiveness of the Lloyd’s market for our customers, participants and investors. Our financial strength and solid capital platform enable us to deliver on our strategic growth ambitions and explore new and innovative solutions to enhance the fungibility of capital for our members.” Read more about the upgrade here: https://lnkd.in/eymZYFDr #RatingUpgrade #Capital #Investment
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The Lloyd's market takes to the saddle in Switzerland! 🚴♂️ A brave team from Lloyd's and the Lloyd's market took on an incredible fundraising effort as part of Raptör Ride 2024 - cycling over 400km across the Jura mountains! ⛰ Raising over £340,000 and counting across humbling ascents and stunning descents - their efforts are truly inspiring! A huge congratulations to the Lloyd's, SCOR, Brit Insurance, Ki Insurance, Howden, Ascot Group, Aspen Insurance Group, VERISK CRIME ANALYTICS, INC. cyclists alongside the Action Medical Research team who also organised such a brilliant fundraising initiative. 👏 You can donate to the Lloyd's team via their fundraising pages in the comments below, fundraising for the Lloyd's of London Foundation. #LloydsPeople #LloydsFoundation #Fundraising
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Ever wondered what happens when the camera stops rolling? 🎥 In case you missed it – this week we launched the Inclusive Futures Coalition: the collective of market firms and delivery partners behind our plan to create a more inclusive, equitable market and society. One of our values at Lloyd’s is ‘Stronger Together’ – and that’s what Inclusive Futures is all about. Teaming up across our market to create tangible, lasting change in supporting Black and ethnically diverse individuals from the classroom to the boardroom. And in case you didn’t gather from the video... we’re pretty excited about it. Watch the full video and find out more about Inclusive Futures here: https://lnkd.in/ewz6ewuK #LloydsPeople #StrongerTogether #InclusiveFutures
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This could be you! 👋 This week we held Lloyd's Lab's Demo Day - the culmination of InsurTechs' rollercoaster ride through our award-winning 10 week accelerator programme. If you have an innovative insurance solution and would like to benefit from: 👉 A structured pipeline of events, mentoring and expert guidance 👉 A buzzing coworking space in the heart of the world's leading insurance market 👉 The opportunity to network with investors and industry heavyweights to bring your solution to life Then you've got until Sunday 14 July to register for Cohort 13! 🏃♀️ You can read more about the application process here: https://lnkd.in/gZpUUTbF Cohort 12 Demo Day details: https://lnkd.in/eW_AyVvt #LloydsLab #Innovation #InsurTech #Solutions
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What’s the best way to drive lasting change? Team up with others... 🤝 We’re pleased to announce the Inclusive Futures Coalition: the eight market firms and three delivery partners behind our plan to help Black and ethnically diverse individuals progress and participate from the classroom to the boardroom. Over the next ten years, Inclusive Futures will see hundreds of ethnically diverse students through university, and thousands of ethnically diverse professionals through our market and onto the top levels of leadership. Read more about the initiatives (and watch the full video) here: https://lnkd.in/ewz6ewuK Arch Insurance International AXA XL Beazley Chubb Hiscox Howden MS Amlin Tokio Marine Kiln Green Park Equity City #DiversityandInclusion #InsuranceCareers #LloydsPeople
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Don’t look down! 👀 Last week, a team of almost 200 Lloyd’s Corporation, Lloyd’s Market and charity volunteers took part in the Lloyd’s of London Foundation charity abseil down the iconic Lloyd’s building! Together, they conquered their fears - abseiling down the 293 feet exterior and raising over £163,000 for 50+ charities close to their hearts. A huge thank you to everyone who participated, donated, and cheered the participants on during their brave achievements! 👏 #LloydsofLondonFoundation #GivingBack #LloydsPeople
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Launching the Lloyd’s Lab InsurTech Guide: Getting off the Ground! 🚀 This new guide provides in depth advice and expertise for start-ups, InsurTechs and founders, to support the exciting journey in bringing innovative solutions to life - including insights from a multitude of stakeholders who talk through each phase of scaling up. 📈 A huge thanks to all of the valued contributors to the guide - come along to Cohort 12 Demo Day this week to find out more! Sign up here 👉 https://lnkd.in/e36QMvYx Download the InsurTech Guide here 👉 https://lnkd.in/ehiUTd6e Dawn Miller, Rosie Denée Kieran Linger Iryna Chekanava Chloe Kaye #Insurtech #Insurtechguide #Innovation
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Did you know that GCube Insurance underwrote the very first utility-scale wind farms? 📝 Supporting both established and emerging renewable energy technologies, GCube Insurance has insured projects spanning over 40 countries. By helping wind, solar, wave, tidal, hydro and energy storage asset owners, they have mitigated risk efficiently and cost-effectively, leading to great strides in climate positive action in the industry. The HySure product from Munich Re secures the power of electrolysis with tailored risk transfer solutions. Recognising the crucial role of green hydrogen in the clean energy mix. 💡 Together we are working towards a more sustainable future – find out more about the Sustainable Markets Initiative Insurance Task Force here: https://lnkd.in/ejmFhTBp #LondonClimateActionWeek #EnergyTransition #InsuranceSolutions
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A spotlight on the Insurance Task Force's progress towards a sustainable future for nature, people and planet. 🔎 Aon, alongside the Lloyd’s Disaster Risk Facility and Centre for Disaster Protection, developed a public-private partnership with the International Federation of Red Cross and Red Crescent Societies - IFRC to launch an innovative approach to disaster response through the Disaster Response Emergency Fund (DREF). - Swift support when disasters hit. ✔ Beazley has sponsored Arbol (Climate Risk Insurance Solutions) to be a new Lloyd’s coverholder, providing parametric weather insurance coverage for agricultural supply chain, renewable energy providers and others affected by climate risks. - Swift claims payment triggered by weather data. ✔ Kita - a Lloyd’s Lab Alumni - has developed ‘Carbon Purchase Protection Cover’, an innovative insurance product that protects buyers of forward purchased carbon credits against delivery risk. - Insuring nature-based solutions. ✔ To find out more about the Sustainable Markets Initiative Insurance Task Force, click here: https://lnkd.in/ejmFhTBp #LondonClimateActionWeek #InsuranceSolutions #InsuranceInnovation
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