Access all areas (of the Lloyd's Market)

And with BIBA in Manchester in May and AIRMIC in Bournemouth earlier this month, there were plenty of opportunities for Lloyd's market practitioners to mingle with delegates. We were delighted that so many underwriters and brokers from the market joined us on the Lloyd's exhibition stands at both of these events. 

At the BIBA conference we also conducted a workshop on 'Accessing the Lloyd's Market' presented via a panel discussion format comprising a Lloyd's broker, a service company, a managing agent and a coverholder - emphasising that there are a number of different entry points into the Lloyd's market. The theme of the workshop was to demystify Lloyd's, particularly for those regional brokers who may have thought it's too complicated for them to deal with. We provided the attendees with a 'Roadmap' to accessing the market which will hopefully be of use to the 60 or so attendees in their future dealings with Lloyd's.
 
We continued with the theme of accessing the Lloyd's market at the Lloyd's Northern Ireland inaugural event on 26 May. The event took place at the Culloden Hotel in Belfast and it was well attended by 40 market players from the Lloyd's market combined with a great response from the local insurance community with nearly 100 local attendees.

Being part of Lloyd's regional market development strategy, the event presented an opportunity for the Northern Ireland insurance broking community to gain a first-hand understanding of how access to the Lloyd's market works and equally to garner market appetite among Lloyd's underwriters, Lloyd's brokers and coverholders in attendance.

In addition to the panel discussion in Belfast, a combination of Lloyd's managing agents, Lloyd's brokers and coverholders hosted 15 individual company networking tables to showcase their insurance products. Local market participants were invited to meet and explore mutual interests and business opportunities in an informal breakout session. The day ended with a networking lunch.

The Lloyd's event in Belfast was a great opportunity to reach out to regional brokers and we will be undertaking similar regional events around the UK in the future. Accessing Lloyd's isn't just about accessing the distribution network and the insurance products underwritten by Lloyd's underwriters, but it is also about accessing the talent, knowledge and wealth of expertise that we have within the Market and Corporation. 

At the AIRMIC conference, Neil Smith and Alexandra Vincenti (Emerging Risks & Research) hosted a workshop for over 40 attendees on 'Emerging Risks' focussing on managing emerging risks from nanotechnology to digital risks, space weather and pandemics. This workshop provided delegates with a useful forum to discuss and share information about these topics and to learn about the 360 reports.

We will be participating in more third party conferences and continuing to host our own in-house and regional events in the future and as always if you are interested in any of these networking and promotional opportunities then please get in touch.

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