Lloyd's

📣 After a lively Pitch Day, the Lloyd’s Lab has selected 11 exceptional teams for Cohort 14 of our award-winning accelerator programme! 🏆 The showcase of insurance innovation event was opened by John Neal, Lloyd's CEO, who highlighted the achievements of the Lab so far in becoming the number one Finance Accelerator in the UK, at a critical point in time when the world needs insurance. From over 200 applications and 21 impressive pitches, thanks to all the shortlisted teams and the market experts who took part in Pitch Day. 👏 Join us in congratulating the teams of Cohort 14: Faura Satva Trust QualRisk Ocean Ledger Novella Testudo Circuit GWTInsight Supercede | The Reinsurance Platform Unwind Finance 7Analytics Read further details about Cohort 14 on Lloyds.com: https://lnkd.in/eKKU3tu9 Rosie Denée Chloe Kaye Laura Gibson-Nicholls Steven Callen Jayden Common Simran Sethi George B Alayon Jr. #Insurtech #Accelerator #Insurance

“Partnership and collaboration is the only way we are going to address some of the most entrenched problems that we have in the world.”   🎦 The latest episode of our Business Leaders series has landed: Baroness Patricia Scotland, The Commonwealth Secretary-General, in conversation with Lloyd's Council member and Senior Independent Deputy Chairman, Lord Mark Sedwill.   Reflecting on the highlights of her nine-year term as Commonwealth Secretary-General, Baroness Scotland emphasises the progress made in building climate resilience in vulnerable communities, the benefits of empowering women and young people to boost the growth of developing economies, and the unique roles of both The Commonwealth and Lloyd’s to convene and enable progress. 🌏”   Watch the full video on Lloyds.com: https://lnkd.in/d9-A9P6 Alain Caplan Ceara Howey Denise Yan #LloydsFutureset #Climate #Partnerships

📢 Calling all LGBTQ+ professionals and allies in the Lloyd’s market! 🌈   Are you looking to build your expertise, accelerate your career, and connect with role models who have embraced authenticity in the workplace?   We’re looking for mentees for Cohort 3 of our award-winning LGBTQ+ mentoring programme! This initiative partners with global LGBTQ+ talent with experienced, diverse role models in our industry, along with active allies.   📅 Apply to be a mentee before 5th April 2025: https://lnkd.in/eQ-tZfKz #LGBTQ+ #Allyship #Mentoring

Having announced strong financial performance last week in our FY24 Results, you can hear what the market can expect in 2025 and beyond from Patrick Tiernan, Lloyd's Chief of Markets. 👇   Our Q1 Market Message saw Patrick, Rachel Turk and Emma Stewart talk through further detail on market conditions, performance, oversight and more. 📊   Watch the full recording on Lloyds.com: https://lnkd.in/epqT3u6V #marketperformance #financialresults #underwriting

📢 Today we have announced another year of outstanding financial performance, with a superb combined ratio, underlying combined ratio and attritional loss ratio supporting a capital position and claims reserve strength that is as strong as it has ever been.       This excellent result demonstrates the market's ability to deliver sustainable and attractive returns for investors, and provide solutions to protect our customers' balance sheets.     ✅ Gross written premium of £55.5bn (2023: £52.1bn)   ✅ Underwriting result of £5.3bn (2023: £5.9bn)   ✅ Combined ratio of 86.9% (2023: 84.0%)   ✅ Underlying combined ratio of 79.1% (2023: 80.5%)   ✅ Profit before tax of £9.6bn (2023: £10.7bn)    ✅ Attritional loss ratio of 47.1% (2023: 48.3%)   ✅ Investment return of £4.9bn (2023: £5.3bn)    ✅ Total capital, reserves and subordinated loan notes of £47.1bn (2023: £45.3bn)   ✅ Central solvency ratio of 435% (2023: 503%) The full annual report is available on https://lnkd.in/eQ-sFuyz #FinancialResults #UnderwritingResult #InvestmentReturn

☀️ Life in the Sun's Atmosphere: From Disruption to Resilience 📸   Despite originating nearly 150 million kilometres away on the surface of the Sun, Space Weather has the power to disrupt the critical infrastructure we rely on every day on Earth.   To drive proactive measures and collaborative action to address these risks, we're proud to support an immersive photography-led exhibition from international photographer and science communicator Max Alexander.   Head to Lloyd's Underwriting Room to see the exhibition and discover more from the recap of our launch and expert panel event here: https://lnkd.in/ez-RgWh8 Alain Caplan Ceara Howey Denise Yan   #SpaceWeather #Solar #LloydsFutureset

How vulnerable is our economy to a major solar storm? ⚡🛰️ Today we’ve published our latest Futureset systemic risk scenario, produced in collaboration with Cambridge Centre for Risk Studies, which reveals that an extreme solar storm could cost the global economy $2.4trn over a five-year period. You can explore the whole scenario and find out more here 👉 https://lnkd.in/eTSAuUiZ 📷 Alongside our scenario, we're proud to launch an immersive photography-led exhibition Life in the Sun’s Atmosphere: From Disruption to Resilience by international photographer and science communicator Max Alexander. On display in the Lloyd’s Underwriting Room until 14 March, the exhibition documents the threat to energy, communications and navigation infrastructure and the progress being made to build greater resilience. #Space #Research #LloydsFutureset

In celebration of International Women's Day, we are proud to present a special video featuring inspiring individuals who are breaking barriers and championing change. 🎦   Thanks to colleagues from Dive In Festival, WTW, Gender Inclusion Network, Tysers, Arch Insurance Group Inc., Everest, WeAreTheCity and Lloyd's Together Communities for taking part. 💜   There's still space to join us online for our panel event - exploring topics such as overcoming imposter syndrome, while discussing our collective responsibility to create an inclusive industry where anybody can thrive. 👉 https://lnkd.in/eMguCQQ2   We hope you can take time this week to recognise and celebrate allyship and unity, embodying Lloyd's value of being stronger together. 🤝   Patrick Tiernan Mark Lomas, Chartered FCIPD Kirat Kaur Nandra MICM (Grad) Jane Bioletti Adam Triggs Yelhis Hernández MSc #InternationalWomensDay #GenderEquality #Insurance

Lloyd’s Lab ranked #1 Finance Accelerator in the UK by The Financial Times! 🏆   This recognition is based on glowing alumni testimonials and our proven track record of transforming ideas into market-changing solutions.   Lloyd’s Lab successes at a glance: - 85% of Lab alumni maintain commercial relationships with the Lloyd’s market - $200m total Lloyd's premium written by Lab alumni - Alumni currently across 29 countries worldwide   Lloyd’s Lab has also climbed nine places in the Europe rankings to 13th out of 3,000 start-up hubs! 🎉   👉 Want to be part of our next success story? Join us at our Cohort 14 Pitch Day next month! Sign up here: https://lnkd.in/eFaqtqkW Dawn Miller Rosie Denée Chloe Kaye Steven Callen Jayden Common   #Startups #Awards #Innovation

The latest episode of our Business Leaders series has landed: Nena StoiljkovicI from International Federation of Red Cross and Red Crescent Societies - IFRC in conversation with Lloyd's Corporate Affairs Director Rebekah Clement. 🎦 As Under-Secretary General for Global Relations, Humanitarian Diplomacy and Digitalization at the IFRC, Nena emphasises how important partnerships between humanitarian organisations, governments and the private sector are in supporting communities facing humanitarian challenges. They also reflect on the successful Lloyd's Disaster Risk Facility insurance mechanism supporting the IFRC Disaster Response Emergency Fund (DREF), which provides vital funding when a crisis happens. 🌏 Watch the full conversation here: https://lnkd.in/d9-A9P6 #DisasterResponse #Insurance #LloydsFutureset