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Lloyd's of London sign (AP Photo/Kirsty Wigglesworth, pool)

Lloyd’s of London outlined a plan to address allegations of sexual harassment by setting up an independent whistleblower hotline and laying out potential lifetime bans for inappropriate behavior.

The proposals were agreed upon at an emergency meeting of industry executives convened on Monday evening by Lloyd’s Chief Executive Officer John Neal after a Bloomberg Businessweek article found a deep-seated culture of sexual misconduct in the London insurance market. The report drew on the experiences of 18 women to describe an atmosphere of near-persistent harassment, ranging from inappropriate comments to unwanted touching to sexual assault.

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