Lloyd's ready to rein in delegated authority; calls out poor management

Lloyd's stands ready to restrict underwriting delegation, with special concern for large multi-class facilities where the ability to manage the book has to remain fully on board the syndicates, Lloyd's chief underwriting officer Rachel Turk (pictured) warned syndicates during Lloyd’s Q1 market message.

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Lloyd's ready to rein in delegated authority; calls out poor management

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