Lloyd's CEO John Neal envisions anecosystem that is “altruistic by design” with an open architectureof interconnected platforms and services. (Photo: LukeMacGregor/Bloomberg)
Marsh & McLennan Companies, Inc.'s Rising Professionals'Global Forum 2019 opened in London, with approximately 700delegates attending the two-day event to hear from speakers on thecentral theme for the forum: adaption or extinction.
Lloyd's of London, the 330-year-old insurance market,faces a similar quandary in terms of its future.Addressing delegates at the forum, Lloyd's CEO John Neal warnedthat the market must evolve and evolve fast or risk driving itselfinto irrelevance.
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Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
