Opinion: Lloyd's Venn Diagram

Lloyd's has two sometimes contrasting aims.
On the one hand, it wants to be a fosterer of new talent, a
hotbed of innovation and a bright light for insurance
solutions.
On the other, it also sets out to be a careful custodian of the
Central Fund and a guardian of Lloyd's reputation, which
includes acting as a gatekeeper against new ventures that will be
prone to failing.
Jon Hancock, the new Lloyd's performance management
director, is currently wrestling with this...