Lloyd's will move fast if syndicates need to re-plan: Hancock
Lloyd's has learned the lessons from past market-turning
events (MTEs) and will work with syndicates to amend their business
plans quickly if needed, according to performance management
director Jon Hancock.
The Corporation will also consider contingent business plan
submissions alongside traditional business plans if the syndicate
and Lloyd's believe it is "the right thing to
do".
Speaking to this publication at the Monte Carlo
Rendez-Vous, Hancock confirmed that, should syndicates
need to re-p
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