• UK -- Lloyd’s of London Publishes New Strategy for 2011-2013
  • December 21, 2010 | Authors: Lawrence R. Hamilton; Vikram Sidhu
  • Law Firms: Mayer Brown LLP - Chicago Office ; Mayer Brown LLP - New York Office
  • On 6 December 2010, Lloyd’s of London published its new strategy for the period of 2011-2013. The strategy document contains a plan for Lloyd’s major areas of activity for the next three years together with a specific one year plan of actions for 2011. Both elements are aimed at meeting Lloyd’s vision “to be the market of choice for insurance and reinsurance buyers and sellers to access and trade specialist property and casualty risks”. The strategy document is made up of four sections which look at Lloyd’s competitive environment, vision, strengths and areas of focus. Each of these sections is looked at below in greater detail.