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Lloyds

Lloyds

Lloyd’s is the world’s specialist insurance market. Unlike many other insurance brands, Lloyd’s is not a company; it’s a market where our members join together as syndicates to insure risks.

Running a business of any kind involves a certain amount of risk. Whether it’s the risk of fire, the risk of damage to exported goods or the risk of natural disasters, all these incidents will have a financial impact on your business if they occur. This is what is being referred to when we use the term ‘risk’.

Most businesses take small steps to manage the effects of risk. For example, by installing smoke alarms and sprinkler systems to reduce the damage caused by fire or by installing security alarms to deter thieves.

However, business owners also want to protect themselves against the financial consequences of something untoward happening, and this is where insurance comes in. In effect, the business can transfer the risk away from themselves and on to someone else.

This transfer of risk is the basis of all insurance, and is something that Lloyd’s has been doing since the 17th century.

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More about Lloyds

Talent

Big and complicated risks are drawn to Lloyd’s, attracting the world’s best insurance talent, which in turn attracts some of the world’s biggest and most complicated risks. It is a virtuous circle which Lloyd’s would like to perpetuate. This arises in part through the clustering benefits of the London insurance market. The whole market has an interest in ensuring that relevant skills, capabilities and knowledge are acquired and developed in order to reinforce this differentiator.

We want to draw on all talent, from varied backgrounds, to ensure we get the best. Diversity and inclusion is good for business and remains a priority. The Corporation and market work in partnership, through Inclusion@Lloyd’s, to embrace and embed diversity by widening perspectives and sharing best practice.

 

Diversity

Our recruitment programmes are exclusive only in one sense: we’re looking for the very best talent. However, we’re not putting limits on where that talent might be. What’s more, the only criteria we have in selecting who we employ, promote or develop are how good you are and how well you do. Nothing else. 

The Diversity and Inclusion Steering Committee, made up of representatives from across the organisation, that works to encourage diversity and a culture that's friendly and inclusive.

In the latest employee survey, 92% of employees felt they were treated fairly and with respect at Lloyd's.

Benefits at Lloyds

List of all the benefits that Lloyds are offering their employees. Benefits may vary depending on role, location and length of service.

  • Pension Scheme
  • Various Health Screenings
  • Bonus Scheme
  • Life Assurance
  • Discount Scheme
  • Discount gym membership
  • Interest free annual season ticket loan
  • Subsidised restaurant and cafés
  • Private Medical Insurance
  • Generous Annual Leave

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