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Recommendation 9

Lloyd’s Europe is making changes to the business that it can accept from brokers and coverholders that are not authorised by a European Union (EU) or European Economic Area (EEA) regulator to undertake distribution activities.

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Selected news from Lloyd's

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

Today Lloyd’s 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.

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Lloyd’s sets out recommendations for building simpler insurance products in response to COVID-19

Lloyd’s today published a new report which sets out a number of way the global insurance industry could remove complexity and provide enhanced coverage clarity for their customers.

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Lloyd’s expects to pay £5bn for COVID-19 customer claims; Underlying market performance improves substantially

Lloyd’s today confirmed it expects to pay out up to £5bn in COVID-19 customer claims on a gross basis, with the publication of its 2020 Half Year Results.

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Lloyd’s Europe

The European Economic Area is a key market for Lloyd's. As the UK leaves the EU Lloyd's will continue to work with it's European partners through Lloyd's Europe and its European Network.