Lloyd’s risk syndication pilot launches with marine and casualty as test classes

John Neal, CEO of Lloyd’s

Marine hull and international casualty binders will be the first classes to pilot the modernised syndication programme at Lloyd’s, one of the cornerstones of the Future at Lloyd’s blueprint to reform and modernise. The classes, selected by Lloyd’s and the Lloyd’s Market Association (LMA), will test new standards and an accreditation process for leaders and followers to ultimately simplify the…

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