Lloyd's to review the future of its underwriting room - report

lloyd-s

The market says underwriting room is "here to stay" as the Daily Mail reports that a consultation next year could see the room scaled back.

Lloyd’s of London is to review the future of its underwriting room next year.

In an interview with the Daily Mail, Lloyd’s chairman Bruce Carnegie-Brown said a consultation scheduled for next year could see the underwriting room scaled back to make way for a smaller area where some people meet in person and others appear digitally on screens.

The underwriting room is one of the last remaining financial markets where business is done face-to-face.

Change
Carnegie-Brown further stated that the

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