Is Lloyd’s considering a change from its iconic greed?


O Lloyd's está pensando em se mudar de sua sede icônica?

Why a beacon, the Lloyd’s London building is distinctly iconic and has been featured on several important moments for the insurance industry, both positive and negative. However, today the Financial Times (the FT) reported that Lloyd’s is exploring a shrinkage of the Richard Rogers-designed building.

This could mean that the orb’s most ancient insurance market will potentially leave its greed in the city of London, which it has occupied since its debut in 1986. Lloyd’s is one of the city’s last in-person financial markets and sees underwriters sitting at tables called ‘boxes’ as brokers line up to see them and dispute safe haven options. Since COVID works from home, however, thousands of underwriters and insurance brokers have been forced to work online, only recently returning to greed.

The FT reported that Lloyd’s has a lease on the office tower, characteristic of the Chinese insurance group Ping An, until 2031, with a break item in 2026 and noted that Lloyd’s CEO John Neal previously discussed renewing the famous request room to transform it into a less categorical area. Lloyd’s is believed to be considering a more significant difference.

Commenting in this regard, Lloyd’s said: “As we adapt to new structures and flexible forms of work, we continue to think carefully about future requirements for the spaces and jobs our market needs”.

More detailed plans are being drawn up and will be able to be shared later this year. FT counted. This is the latest news from Lloyd’s, which in the January preamble entered into a joint venture with DXC Technology and the IUA to enable the market’s finger change.

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