Lloyd’s to permit extra 2% GWP growth for innovation
Lloyd’s is to allow syndicates an additional 2 percent of gross written premium (GWP) to their business-as-usual plan, with the extra allowance to be dedicated to innovation, as the Corporation moves to encourage new product development in London.
Uncover exclusive insights tailored for insurance leaders
- Stay Informed: Access exclusive industry insights
- Gain a competitive advantage: Hear first about tactical developments
- Make better decisions: Understand market dynamics in crucial lines of business