Lloyd’s reveals London reopening plan, promotes APAC CFO

June 29 2020 by InsuranceAsia News Staff

There are plans in place to enable the reopening of Lloyd’s London headquarters and its underwriting room on September 1, whilst adhering to UK government social distancing rules.

Lloyd’s said “the health and safety of all market participants and minimising the spread of the Covid-19 virus remain the principal priorities.” Therefore, the Lloyd’s building and underwriting room will reopen with safety measures in place, after closing on March 19 as the pandemic spread rapidly across the UK.

Measures include reducing the capacity of the underwriting room to 45% and the installation of clear screens on underwriting boxes to enable confidential conversations to safely continue. Opening hours are being reviewed with the market, and these will be confirmed in due course.

Temperature-check thermal cameras will be made available as well as a click and collect take-away catering service. There will also be deep cleaning of underwriting room and shared spaces every 30 days.

The building will only have two entrances and two exits to the building, as well as queuing and one-way systems. Escalators will be operational for normal use, while lifts will be restricted to two passengers at a time.

In addition, Lloyd’s is working with the market to determine a class of business rota system to help manage capacity in the underwriting room, as well as support market participant’s “return to the office” planning.

Lloyd’s has also decided to accelerate its plans to improve digital connectivity both within the Lloyd’s building but also online with a “virtual room.” This online environment will combine the “best features of 1 Lime Street” with “digital technology to create efficient, smart and collaborative ways of doing business, as part of Future at Lloyd’s ambitions.”

The target of September 1 reopening date is subject to the continued easing of lockdown restrictions, and the UK government confirming Lloyd’s ability to do so.

The UK government is still struggling to keep the virus under control and has been gradually reopening businesses to boost the economy. It has had mixed success – with overall numbers on a downward trend but still stubbornly high.

Meanwhile, Lloyd’s has promoted Lloyd’s Asia Pacific chief financial officer Jonathan May to the position of international chief financial officer. May will take responsibility for Lloyd’s international network and will continue to report to Lloyd’s chief financial officer Burkhard Keese.

May is currently based in Shanghai and InsuranceAsia News has reached out for further details.