Transcript Market Intelligence PRODUCT DEMONSTRATION

June 2015
Market Intelligence – Core Products
TEAM
MEMBERS
WHERE WE
FIT IN
COMPARE
COUNTRIES
COUNTRY
PROFILES
MARKET
PRESENTATIONS
CLASS
REVIEW
COUNTRY
ROUNDUPS
MI PORTAL
(SECURE STORE)
WHERE TO
FIND US
Market Intelligence – MI Portal
TEAM
MEMBERS
Market Intelligence has launched its MI Portal, that can be accessed by Lloyd’s
Managing Agents via Secure Store. Visit https://secure.lloyds.com
MI Portal
Visit www.lloyds.com/MIPortal for further detail on access.
The MI Portal contains detailed and tailored* analysis for each Managing Agent.
WHERE WE
FIT IN
COMPARE
COUNTRIES
COUNTRY
PROFILES
The MI Portal currently contains:
 Analysis
Market Insight Reports (Brazil & Indonesia) that highlight the size of the prize
for Lloyd’s in these markets and provides detailed forecasts of the
opportunity by line of business. (Future reports include Colombia, Chile, Mexico, Malaysia and the UAE)
 Profiles
50 local insurer / cedents and broker profiles covering high level financial
information, strategy and key classes / segments. (Mexico, India, China, Brazil and Turkey)
 Managing Agent Compare Countries*
Detailed premium & loss ratio statistics that are tailored to each Managing
Agent. (*Tailored Excel dashboard will be hosted securely during Q1 2015 for subscribing Managing Agents)
MARKET
PRESENTATIONS
CLASS
REVIEW
COUNTRY
ROUNDUPS
MI PORTAL
(SECURE STORE)
WHERE TO
FIND US
Market Intelligence – Team Members
Bruno Davila,
Email:
Focus:
Senior Manager, Market Intelligence & Development
[email protected]
Team Leader / Product Development
TEAM
MEMBERS
George Delis, Analytics Specialist
Email:
Focus:
[email protected]
Compare Countries / MI Portal
WHERE WE
FIT IN
Chris Brown, Market Development & Intelligence Analyst, Americas
Email:
Focus:
[email protected]
Americas / Class Review / Engagement Strategy / MI Surgery Sessions
COMPARE
COUNTRIES
Sandra Zukowska, Junior Analyst, Europe
Email:
Focus:
[email protected]
Europe
TBC, Asia-Pacific Analyst
Email:
Focus:
Compare Countries Enhancements, Market Presentation & Class Review
Lara Green, Soft Intelligence Executive
Email:
Focus:
[email protected]
Country Roundups Development & Roll Out, Blogs
Joshua Hughes, Graduate Trainee
Email:
Focus:
[email protected]
Compare Countries Enhancements, Market Presentation & Class Review
Faye Atack,
Email:
Focus:
Apprentice
COUNTRY
PROFILES
MARKET
PRESENTATIONS
CLASS
REVIEW
COUNTRY
ROUNDUPS
MI PORTAL
(SECURE STORE)
[email protected]
Compare Countries Enhancements, Market Presentation & Class Review
WHERE TO
FIND US
Market Intelligence – Where we fit in…
TEAM
MEMBERS
MARKET
INTELLIGENCE
CRYSTAL
MARKET
ANALYSIS &
BUSINESS
INTELLIGENCE
WHERE WE
FIT IN
COMPARE
COUNTRIES
COUNTRY
PROFILES
CRYSTAL provides
Lloyd's market
participants with access
to international
regulatory & taxation
requirements
www.lloyds.com/crystal
MARKET
INTELLIGENCE
provides Lloyd's market
participants with
information on
international insurance
markets from a Lloyd’s
perspective
MARKET ANALYSIS &
BUSINESS
INTELLIGENCE provide
analysis on past, present
and future performance
of syndicates and the
market
MARKET
PRESENTATIONS
CLASS
REVIEW
COUNTRY
ROUNDUPS
www.lloyds.com/stats
MI PORTAL
(SECURE STORE)
WHERE TO
FIND US
Market Intelligence – Schedule
Compare Countries



Lloyd’s data once a year for annual update of premiums by 1 July; loss ratios to be shared with MAs no sooner than 1 January
(i.e. 1 year lag)
Insurance market statistics: once a year; driven by local sources (regulator, association or third party such as SNL)
Macro statistics are updated once a year for all third party sources (apart from Business Monitor forecasting pilot)
TEAM
MEMBERS
WHERE WE
FIT IN
Country Profiles




Lloyd’s data: updated once a year for annual update of premiums by 1 July
Country Development Plan once a year for annual update in early Q1 (ideally in December each year)
Insurance market statistics: once a year; driven by local sources (regulator, association or third party such as SNL)
Macro statistics / Political information can be updated when needed; but at least once a year
COMPARE
COUNTRIES
COUNTRY
PROFILES
Market Presentations:

Schedule determined between Phil McCarty & Country Manager; update once a year
> short term schedule as per : www.lloyds.com/marketpresentations
Class Review


MARKET
PRESENTATIONS
CLASS
REVIEW
Update once a year; ideally in time for Market Presentation where available; otherwise driven by regulatory local stats update
We are striving to have Class Reviews for all Lloyd’s core markets (i.e. where we have a Country Manager)
COUNTRY
ROUNDUPS
Country Roundups

MI PORTAL
(SECURE STORE)
PDF / Email one pager: not more often than once a quarter; dependent on demand from Country Manager and type of market
(i.e. there are more developments in large developing market such as China than in mature markets such as Scandinavia)
WHERE TO
FIND US
www.lloyds.com/CompareCountries
WHAT OUR MARKET SAID*…
TEAM
MEMBERS
 One-stop shop for country stats
WHERE WE
FIT IN
(Economic Trends, Insurance Market Size by Class & Lloyd’s Premium Trends by Detailed Class)
 Visual Representation
COMPARE
COUNTRIES
(Ability to see trends using via visualisation tools)
 Raw data
COUNTRY
PROFILES
(Ability to download raw data for own analysis)
> MARKET INTELLIGENCE SOLUTION
MARKET
PRESENTATIONS
 Compare Countries Tool launched



Macro Stats (e.g. from IMF (2000-2020))
Insurance Market Stats for 80+ territories
Lloyd’s detailed premium trends (2000-2014)
for 200+ territories
CLASS
REVIEW
COUNTRY
ROUNDUPS
 Excel Dashboards
MI PORTAL
(SECURE STORE)
 Raw Data in Excel
WHERE TO
FIND US
* Based on Emails, Telephone Calls, Surgery Session with around 150 Market Participants in 2012/2013
© Lloyd’s 2012
www.lloyds.com/CompareCountries
TEAM
MEMBERS
2015 DEVELOPMENTS
 Enhancing Insurance Data
Adding loss ratios and local insurance classes (as per regulator / association) for Lloyd’s Managing Agents
(phased roll out starting in December 2014; adding more enhanced forecasting that include sector forecasts)
 Enhancing Lloyd’s Data
WHERE WE
FIT IN
COMPARE
COUNTRIES
Adding further dimensions (where appropriate) for Lloyd’s Managing Agents
(phased roll out starting in Q2 2015)
 Managing Agent Compare Countries
COUNTRY
PROFILES
Managing Agents will receive their own data vs Lloyd’s total for benchmarking analysis
Shared via the MI Portal (i.e. not hosted on lloyds.com) (phased roll out starting in Q2 2015)
MARKET
PRESENTATIONS
MI Portal
CLASS
REVIEW
MI Portal is designed for sharing
sensitive and tailored Market
Intelligence with Managing Agents
COUNTRY
ROUNDUPS
www.lloyds.com/MIPortal
MI PORTAL
(SECURE STORE)
 Managing Agent Appetite


Business development communication channel with Lloyd’s Country Managers
Capture Managing Agent appetite by class of business/territory/distribution
(business case to be built in 2015)
WHERE TO
FIND US
© Lloyd’s 2012
www.lloyds.com/CompareCountries
TEAM
MEMBERS
POSSIBLE DEVELOPMENT AREAS
 Forecasting table to include “soft intelligence” moderators
In addition to the forecast that are based on modelling, soft intelligence views could be included. Accordingly,
there are a number of various forecasting steps.
Live
Q4 2015
TBC
COMPARE
COUNTRIES
Forecast & Soft Intelligence
moderated
Insurance Market Data
Forecast
Insurance Market Data
WHERE WE
FIT IN
COUNTRY
PROFILES
MARKET
PRESENTATIONS
Econometric Model
Forecast based on sector
forecasts from Business
Monitor International for
40 territories up to 2025
CLASS
REVIEW
+
Projected
Insurance Market Data
Projection based on
constant penetration rates
and IMF GDP forecasts up
to 2019
Actual
Insurance Market Data
Econometric Model
Forecast based on sector
forecasts from Business
Monitor International for
40 territories up to 2025
Actual
Insurance Market Data
Opportunity to reflect local
soft intelligence views that
moderate upwards or
downwards the
Econometric Model
forecast.
COUNTRY
ROUNDUPS
MI PORTAL
(SECURE STORE)
Actual
Insurance Market Data
WHERE TO
FIND US
© Lloyd’s 2012
www.lloyds.com/Countryprofiles
WHAT OUR MARKET SAID*…
TEAM
MEMBERS
 Standardised Country Fact Sheet
WHERE WE
FIT IN
(Quick summary of Lloyd’s business, insurance markets and macroeconomic indicators; Lloyd’s licence)
 Latest update on economy & political situation in key markets
COMPARE
COUNTRIES
(Ability to see latest economic & political analysis)
 List of top insurers/cedants, key classes & Lloyd’s stats by country
(Top market players, classes of business, Lloyd’s business profiles by class, office contact details)
COUNTRY
PROFILES
> MARKET INTELLIGENCE SOLUTION
 Country Profiles launched
(54 Country Profiles on the world’s top insurance markets)
MARKET
PRESENTATIONS
Count r y Pr of il e
br azil
www.lloyds.com/BrazilMI
CLASS
REVIEW
KEY STATISTICS
BR
Brazil
87
50
Political Stability and Absence of
Violence/Terrorism
18
59
48
7
91
56
5
93
55
SIZE OF ECONOMY
WEALTH PER CAPITA
Purchasing Power Parity (PPP) basis
in International $ bn
Purchasing Power Parity (PPP) basis
in International $
3,500
30,000
3,000
25,000
2,500
20,000
2,000
15,000
Control of Corruption
1,500
Rule of Law
1
88
52
Voice and Accountability
22
80
61
299
398
1,000
Regulatory Quality
500
5,000
0
2012
VE
2006
2018f
CL
2012
VE
BR
2018f
CL
BR
TOTAL NON-LIFE DIRECT INSURANCE MARKET*
NON-LIFE DIRECT INSURANCE MARKET
LLOYD’S GROSS SIGNED PREMIUMS
Premiums in US$ m
Premiums in US$ m; by OECD Class
Gross Signed Premiums in US$ m; by country of origin
400
35,000
984
Brazil
2012
US$ 27.4bn
Liability
0
2011
VE
2012
CL
2013
BR
COUNTRY
ROUNDUPS
250
200
150
100
BUSINESS
ENVIRONMENT
MAT
5,000
300
101
15,664
13,474
10,135
4,034
717
Property
134
650
PA & Health
20,000
10,000
350
405
30,000
25,000
99
Motor
15,000
(Partnership with Global Insight allows the team to concentrate
on insurance market analysis)
10,000
0
2006
 Economic & Political Summary
15,516
CL
Chile
13
2012
13,480
VE
Venezuela
Government Effectiveness
503
[email protected]
11,145
GOVERNANCE INDICATORS
Percentile Rank (1-100) 2012
June 2014
50
The largest public
protests in 20 years
will shape the political agenda
for remainder of presidential term. During the June 2013 football Confederations Cup,
6,684
0
Miscellaneous
2011 plan presented
2012
2013
the largest public protests since 1992 occurred throughout Brazil. A five-point
by the
government will be seen as a commitment by President Dilma
Rousseff to address the protesters' demands on corruption, public transportation, health, and education. Congress also seems to be pri oritising bills related to these
VE
CL
BR
issues. Ultimately, however, legislators' personal interests will prevail. This means there will be further corruption cases and resistance to any far-reaching political
reform
All data, sources & data limitations are available
forproposals.
download at www.lloyds.com/comparecountries; * 2013 total non-life based on CAGR projection
The FIFA World Cup and presidential election will be the main focus through mid-2014. There will be little legislative activity from early June onwards, as Brazil
LLOYD’S TRADING POSITION
Brazil
www.lloyds.com/crystal
focuses No
on the
football
World Cup through to mid-July and then on campaigning for the October presidential election through the third quarter of 2014. Government
Insurance:
(with
exceptions)
effectiveness and image is likely to be tested by social protests during the World Cup period. That could affect Rousseff’s popularity ratings, which fell sharply after the
Reinsurance:
Yes,
as an admitted
reinsurer
June 2013
protests,
and makes
a second-round run-off more likely, although Rousseff remains favourite for re-election.
Coverholders: No
The Brazilian economy is moving very slowly. Our latest forecast calls for Brazil's GDP to expand 1.9–2.4% in 2014 before accelerating to 3.0–3.3% in 2015. An
© Lloyd’s and investment.
3
aggressive stance by the central bank against inflation may help improve business sentiment
Interest rates in Brazil are now similar to 2012 levels, so
there is no room for the government to save on interest payments or to execute fiscal stimuli without hurting public finances significantly. We should not expect a
major boost from government spending, even though 2014 is an election year; the possibility of a fiscal spree (political busi ness cycle) under tight fiscal conditions has
become one of the major risks for the Brazilian economy for 2014. Investment will be the driver of the forecasted modest grow th in 2014.
High levels of taxation and bureaucracy undermine Brazil's competitiveness. Despite increased investor confidence in the economy, security concerns and
operational risks – such as high levels of government bureaucracy, an over-complicated tax system, insufficient investment in infrastructure, and shortcomings in the
educational system – continue to restrain Brazil. The government's programme to accelerate economic growth seeks to prioritise i nvestment in infrastructure projects,
and some progress has been made on other fronts. Nevertheless, many challenges remain.
 Key Insurance & Lloyd’s stats
(Top Market Players, key classes of business, Lloyd’s business
snapshot & summary of Lloyd’s Country Development Plan)
GROSS DOMESTIC PRODUCT (GDP)
(nominal GDP levels in billion US$; Real GDP change)
4,000
TOP-10 SECTORS (BY VALUE ADDED)
BUSINESS ENVIRONMENT INFORMATION
(value added in billion US$ & 2014 Change in real %)
(provided by IHS Global Insight, May 2014)
8%
7.5%
7%
6%
3,000
5%
3.9%
2,000
3.9%
3.9%
3.3%
2.7%
1,000
2.1%
2.3%
2013
2014
4%
3%
2%
1%
1.0%
0%
0
-1%
2010
2011
2012
2015
2016
* Based on Emails, Telephone Calls, Surgery Session with around 150 Market Participants in 2012/2013
2017
2018
TOP SECTORS
1. Public Admin. & Defense
2. Wholesale trade
3. Sanitation, trade organizations
4. Construction
5. Agriculture
6. Hotels & restaurants
7. Retail trade - total
8. Education
9. Real estate
10. Mining of metals & stone
Top-10 Total
2013
Value
Added
2014
Percentage
Change
167.2
3.6
154.2
4.2
151.0
3.3
108.5
4.5
104.6
3.1
89.1
87.2
83.2
3.3
2.5
3.5
77.1
3.1
71.3
-1.6
1093.4
MI PORTAL
(SECURE STORE)
For daily updates visit: > www.ihsglobalinsight.com
© Lloyd’s
4
© Lloyd’s 2012
WHERE TO
FIND US
www.lloyds.com/Countryprofiles
Country MI pages now available:
www.lloyds.com/marketintelligence > Pick a Country
TEAM
MEMBERS
2014 DEVELOPMENTS
 Country MI pages which contain all available MI on one page
1
WHERE WE
FIT IN
COUNTRY ROUNDUPS
& MI ANALYST DETAILS
COMPARE
COUNTRIES
COUNTRY
PROFILES
2
COUNTRY SNAPSHOT
& OFFICE DETAILS
MARKET
PRESENTATIONS
CLASS
REVIEW
COUNTRY
ROUNDUPS
3
ALL AVAILABLE MI CORE
PRODUCTS FOR THIS
MARKET
MI PORTAL
(SECURE STORE)
WHERE TO
FIND US
© Lloyd’s 2012
www.lloyds.com/Marketpresentations
MANAGING AGENTS & LLOYD’S BROKERS CAN SIGN UP TO BE ON INVITE LIST:
www.lloyds.com/misignup
WHAT OUR MARKET SAID*…
TEAM
MEMBERS
 Detailed insurance & Lloyd’s business trends & outlook
WHERE WE
FIT IN
(Analysis of premium development in territories where Lloyd’s has a Country Manager)
 Summary of key opportunities & challenges for Lloyd’s in market
(A Lloyd’s perspective on how our market performs locally)
COMPARE
COUNTRIES
 Outline of local Market Development Initiatives & Events
(Summary of key local initiatives and local Lloyd’s events)
COUNTRY
PROFILES
> MARKET INTELLIGENCE SOLUTION
MARKET
PRESENTATIONS
 Market Presentation launched
(Market Presentations covering 28 markets held annually
& hosted on lloyds.com)
CLASS
REVIEW
 Business Class & distribution trends
COUNTRY
ROUNDUPS
(Local intelligence coupled with detailed analysis of soft
& hard intelligence tailored to specific markets)
MI PORTAL
(SECURE STORE)
 Opportunities for Lloyd’s
(Key pointers for who & what to target; meet the Lloyd’s
Country Manager & peers from the market)
* Based on Emails, Telephone Calls, Surgery Session with around 150 Market Participants in 2012/2013
WHERE TO
FIND US
© Lloyd’s 2012
www.lloyds.com/ClassReview
SIGN UP TO BE ALERTED ON NEW RELEASES:
www.lloyds.com/misignup
WHAT OUR MARKET SAID*…
TEAM
MEMBERS
 Class of business premiums & loss trends by territory
WHERE WE
FIT IN
(Specialist class of business premium & loss trends by geography)
 Comparison of Lloyd’s premiums & loss ratios trends
COMPARE
COUNTRIES
(Class of business premiums and loss trends by geography)
COUNTRY
PROFILES
> MARKET INTELLIGENCE SOLUTION
MARKET
PRESENTATIONS
 Class Review built with LMA Support
(Panel of underwriters used to devise reports in 2010 for
US E&S Market)
CLASS
REVIEW
 Class Review roll out for key territories
COUNTRY
ROUNDUPS
Top 4 E&S Markets, Total US, UK, Mexico, Brazil, Turkey, China, India,
Japan, Canada, Australia, South Korea
MI PORTAL
(SECURE STORE)
 Further commentary added to paint fuller picture
(China also includes further commentary in addition to merely stats,
this has been applied to any updates or new Class Reviews since)
* Based on LMA Working Group + Surgery Sessions during 2012 / 2013
WHERE TO
FIND US
© Lloyd’s 2012
www.lloyds.com/CountryRoundups C
SIGN UP TO BE ALERTED ON NEW RELEASES:
www.lloyds.com/misignup
WHAT OUR MARKET SAID*…
TEAM
MEMBERS
 Local intelligence from Country Managers
WHERE WE
FIT IN
(Local news including key news from cedants, local brokers, service companies & coverholders)
 “Plugged into key local industry and Lloyd’s events”
COMPARE
COUNTRIES
(Ability for Managing Agents to be notified of key events)
 Receive notification for new Market Intelligence
(Ensuring that Managing Agents & Brokers are notified of material MI updates – i.e. Class Review)
COUNTRY
PROFILES
> MARKET INTELLIGENCE SOLUTION
MARKET
PRESENTATIONS
 Country Roundups launched
(Local news summary sourced from the participating offices
were launched for Europe (10) and extended
to Asian offices (4) in 2013)
CLASS
REVIEW
 Total universe of 4,200+ sign ups
COUNTRY
ROUNDUPS
(A marketing list of around 4k+ contacts has been built up since
its launch in Q1 2012; sign ups are by geography, which allows
Country Managers to target messages to an audience of
underwriters & brokers who are interested in a specific territory.
MI PORTAL
(SECURE STORE)
 Provides a direct channel to CMs
(Provides Country Managers (CMs) with a list of “clients”
they can target for Market Development Activities)
* Based on Emails, Telephone Calls, Surgery Session with around 150 Market Participants in 2012/2013
WHERE TO
FIND US
© Lloyd’s 2012
www.lloyds.com/CountryRoundups C
TEAM
MEMBERS
2014/2015 DEVELOPMENTS
 Redeveloped webpage to turn stories into searchable content
WHERE WE
FIT IN
 Launched Market Intelligence LinkedIn page at
>
www.lloyds.com/LinkedInMarketIntelligence
COMPARE
COUNTRIES
 Seek market feedback on further development
COUNTRY
PROFILES
MARKET
PRESENTATIONS
CLASS
REVIEW
COUNTRY
ROUNDUPS
MI PORTAL
(SECURE STORE)
WHERE TO
FIND US
© Lloyd’s 2012
https://secure.lloyds.com
TEAM
MEMBERS
2014 DEVELOPMENTS (1 of 3)
 Launch of MI Portal via Secure Store (July 2014)
WHERE WE
FIT IN
1
COMPARE
COUNTRIES
Log into via
Lloyd’s
Authentication
Framework (LAF)
COUNTRY
PROFILES
MARKET
PRESENTATIONS
2
CLASS
REVIEW
Click
Secure Store
COUNTRY
ROUNDUPS
MI PORTAL
(SECURE STORE)
WHERE TO
FIND US
© Lloyd’s 2012
https://secure.lloyds.com
TEAM
MEMBERS
2014 DEVELOPMENTS (2 of 3)
 Log into MI Portal via Secure Store (July 2014)
3
WHERE WE
FIT IN
Click
Market
Intelligence
– by Country
COMPARE
COUNTRIES
COUNTRY
PROFILES
4
Download
Market Insights
Reports
(“Analysis”)
MARKET
PRESENTATIONS
5
CLASS
REVIEW
Download
Broker / Insurer
Profiles
6
Download
Managing Agent
Compare
Countries*
COUNTRY
ROUNDUPS

Tailored premium stats for each Managing Agents

Managing Agent Lloyd’s benchmarking statistics

*To be released in phases during October 2014

Managing Agent Appetite capture mechanism
to be implemented in 2015
MI PORTAL
(SECURE STORE)
WHERE TO
FIND US
© Lloyd’s 2012
https://secure.lloyds.com
TEAM
MEMBERS
2014 DEVELOPMENTS (3 of 3)
 Managing Agent Compare Countries (phase roll out in Q2 2015)
WHERE WE
FIT IN
Compare your Managing Agent with that of Lloyd’s along:
PREMIUM TRENDS* by Country of Origin (where policyholder is based)

Lloyd’s detailed classes
(Airline XL, Energy Offshore, Professional Indemnity… etc.)

Region / Country
(Asia Pacific, South-Eastern Asia, Malaysia… etc.)

Method of Placement
(To be explored)
COMPARE
COUNTRIES
COUNTRY
PROFILES
INCURRED LOSS RATIOS* by Country of Origin

Lloyd’s detailed classes
(Airline XL, Energy Offshore, Professional Indemnity… etc.)

Region / Country
(Asia Pacific, South-Eastern Asia, Malaysia… etc.)
MARKET
PRESENTATIONS
PREMIUM TRENDS* by Risk Location

!
Country
(Asia Pacific, South-Eastern Asia, Malaysia… etc.)
CLASS
REVIEW
COUNTRY
ROUNDUPS
*Premiums & Loss Ratios will only be shared for cuts where more than 9 Syndicates write business, premium is
greater than US$ 1m and the largest syndicate does not write more than 50% of that cut.
PREMIUM TRENDS by platform
 View aggregated LLOYD’S PLATFORM figures (Singapore, Japan** and China**) (**TBC)
MI PORTAL
(SECURE STORE)
View your Managing Agent SYNDICATE BUSINESS FORECAST
WHERE TO
FIND US
View collected LOCAL MARKET PREMIUM, CLAIMS AND LOSS RATIOS (where available) (in phases)
© Lloyd’s 2012
Market Intelligence – Where to find us
TEAM
MEMBERS
QUESTIONS
[email protected]
WHERE WE
FIT IN
MI CONSULTANCY*
[email protected]
COMPARE
COUNTRIES
COUNTRY
PROFILES
STAY INFORMED
www.lloyds.com/MISignup
MARKET
PRESENTATIONS
CLASS
REVIEW
VISIT OUR WEBSITE
www.lloyds.com/MarketIntelligence
COUNTRY
ROUNDUPS
MI PORTAL
(SECURE STORE)
JOIN OUR LINKEDIN PAGE
www.lloyds.com/LinkedInMarketIntelligence
*MI Consultancy Sessions can be held at Lloyd’s for Syndicates & Lloyd’s Brokers or in their respective London offices
WHERE TO
FIND US