“Meat market” Lloyd’s rushes through plan to combat sexual harassment
The market indicated it would be prepared to ban offenders for life if found guilty of harassment following “distressing” report.
Lloyd’s has announced a number of measures to prevent sexual harassment and foster a diverse and inclusive culture shortly after the publication of a report which highlighted an atmosphere of “near-persistent harassment”, both verbal and physical endured by women who work there.
Key actions the market is prepared to take to mitigate this include potentially banning offenders from the Lloyd’s building for life.
Lloyd’s published a statement just seven days after the release of a Bloomberg
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insurer
ABI hails “welcome relief” of government’s flood defence spending commitment
The Association of British Insurers has welcomed the government committing to spend £7.9bn on flood defences over the next decade.
ERS promotes Annie Ward to head up bespoke personal lines and agriculture
ERS has promoted Annie Ward to head of bespoke personal lines and agriculture from being product manager for bespoke personal lines.
Underinsurance concerns remain high despite slight easing – Aviva research
Aviva’s latest Broker Barometer has revealed 68% of brokers believe clients may be underinsured which while still high has eased slightly.
CFC recruits Markel stalwart Line as next CUO
Specialist insurer CFC has announced that Nick Line will take over as chief underwriting officer in 2026, after 28 years at Markel where he has held the role of CUO since 2018.
Applied’s UK Epic withdrawal a “sad day” for brokers
Applied Systems pulling its Epic offering from the UK underlines how competitive the market is but is sad news for brokers and staff, according to experts.
Folgate ups real estate risk appetite to £70m
Folgate Underwriting has increased its total sum insured per location to £70m for real estate and property risks.
Flood defence commitment welcomed amid calls for more sustained funding
Insurance industry leaders have welcomed the government’s commitment to flood defence investment in the Spending Review; but cautioned more needs to be done to protect UK homes and the economy.
GWP and profit up at Arag ahead of full Das integration
Arag plc has posted a 17.7% increase in gross written premium under management in 2024, driven by its commercial, family, assistance and ATE business, the legal expenses insurer has reported.