The ongoing pandemic combined with the pressures of a hardening market have created unprecedented challenges throughout the insurance value chain. Despite these challenges, the London market has demonstrated its resilience. To pave the way for long-term success, Lloyd's has introduced Blueprint Two – a two-year modernization program designed to create the world’s most technologically advanced insurance marketplace.
While the London market is strong, its important for retailers to understand the impacts of the hard market conditions on their individual accounts that utilize this capacity. In the Q4 State of the London Market report, our London specialists at THB take a closer look at what's happening at Lloyd's and examine market conditions across the following segments.
London is prepared for a bright and sustainable future and THB remains committed to being your London broker of choice, supporting you and your client’s evolving needs.
Legal Disclaimer. Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Discussion of insurance policy language is descriptive only. Every policy has different policy language. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. Please refer to your policy for the actual language.
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