Interviews - Lloyd's: To Be the Platform of Choice
Source: Asia Insurance Review | Jun 2007
The winds of change have been sweeping through Lloyd’s. Rolling out its Three-Year Plan to make Lloyd’s the platform of choice a year ago, the 319-year-old market continues to put in place changes to its structures and processes, paving a pathway to reduce if not eliminate any burden of operating in Lloyd’s. In his maiden interview with Asia Insurance Review, Mr Richard Ward, its Chief Executive Officer for the past one year, takes stock of the satisfactory progress to date, how it has grown and is growing in Asia, and why syndicates still need to rise to the challenge of walking away from bad business.
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