Lloyd’s to collaborate on world’s first space sustainability kitemark

Lloyd’s, the world’s leading marketplace for commercial, corporate and specialty risk solutions, in partnership with the LMA, has today announced it will collaborate with the UK Government and leading industry experts on the development of the Earth & Space Sustainability Initiative kitemark. Having been at the forefront of insuring space exploration since its inception – including the very first commercial satellite in 1965 – Lloyd’s is once again convening its knowledge and expertise to shape cutting-edge conversations around extra-terrestrial risk. Space Debris Space has become an increasingly important anchor to…

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Lloyd’s takes action to accelerate transition to sustainable economy

Lloyd’s has launched a report which sets out its plans for accelerating the transition to a more sustainable insurance and reinsurance marketplace. Lloyd’s Environmental, Social and Governance Report 2020 builds on Lloyd’s existing ESG work with a comprehensive market-wide strategy that aligns with the United Nations’ Sustainable Development Goals and supports the principles set out in the Paris Agreement.  The report highlights ongoing work to drive culture change across the Lloyd’s market. This includes commitments to meaningful and measurable actions to build a more inclusive working environment such as establishing…

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Lloyd’s launches 2021 transformation plan with the second phase of its ambitious Future at Lloyd’s strategy

Lloyd’s has published its second blueprint which sets out the delivery plan for the next phase of its strategy to build the most advanced insurance marketplace in the world.  Blueprint Two is a compelling two-year programme that brings to life the ambitions published in Blueprint One (September 2019), with tangible solutions that will radically shift the market to a digital ecosystem, powered by data and technology – ultimately delivering better value at a lower cost for its customers.  The comprehensive programme and priorities detailed in Blueprint Two will profoundly transform…

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