London market at ‘tipping point’ of office return: Munich Re Syndicate CUO
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London market at ‘tipping point’ of office return: Munich Re Syndicate CUO

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The London market is reaching a “tipping point” whereby underwriters and brokers need to have a significant in-person office presence to stay commercially competitive, according to Munich Re Syndicate CUO Dominick Hoare.

He said the market was now “achieving momentum” in its return to in-person working after the pandemic, and that the long-term success of Lloyd’s and London relied on an aspect of in-person trading.

“I

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