Lloyd’s of London Shuts Underwriting Floor Except on Wednesdays

Source: Reuters | Published on December 22, 2020

Abstract fish-eye of the main atrium of Lloyd's of London Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London,

Lloyd’s of London will keep its underwriting room open on Wednesdays only, the commercial insurance market said on Monday, after London was among English regions put under tighter Tier 4 COVID-19 restrictions at the weekend.

Lloyd’s also kept the underwriting floor open on Wednesdays only during a national lockdown in November.

The floor was shut for nearly six months from March, but insurers preparing for the key Jan. 1 renewals season remain keen to carry out face-to-face dealing, industry sources say.