Lloyd's of London tells insurance market to report bad behaviour

FILE PHOTO: Lloyds of London's headquarters seen in the City of London, Britain, July 31, 2018. REUTERS/Simon Dawson - Copyright Simon Dawson(Reuters)

By Reuters

Published on 19/11/2019 - 11:34•Updated 27/04/2024 - 04:37

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LONDON (Reuters) - Lloyd's of London has launched a campaign to encourage employees in the specialist insurance market to speak out against unacceptable behaviour, it said on Tuesday.

The campaign follows a culture survey conducted by Lloyd's earlier this year, which showed 38% of respondents did not know how to raise concerns and only 45% of people felt comfortable enough to raise a concern.

"Lloyd's leadership is fully committed to transforming the culture at Lloyd's with shared values that will shape the behaviours, choices and actions of everyone in the marketplace," Chief Executive John Neal said in a statement.

(Reporting by Carolyn Cohn; Editing by Rachel Armstrong)

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