Lloyd’s to permit cyber growth for those who show excellence: Tiernan
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Lloyd’s to permit cyber growth for those who show excellence: Tiernan

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Lloyd’s will support the ambitions of managing agents that wish to take advantage of the current hard market in cyber but only if they can demonstrate best-in-class capabilities in underwriting the risk, chief of markets Patrick Tiernan has said.

Speaking at a media conference for Lloyd’s H1 results, Tiernan said if managing agents have the capability and underwriting excellence “end to end” in cyber, “we don’t need to stand in their way – we are not looking to...

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