Reinsurance News

Lloyd’s urges people to speak up against unacceptable behaviour

19th November 2019 - Author: Luke Gallin

The specialist Lloyd’s of London insurance and reinsurance marketplace has launched a new campaign designed to encourage people to speak out against unacceptable behaviour.

lloyd'sThe campaign, #SpeakUp, has been launched by Lloyd’s in order to underline the importance of speaking up and to provide clear guidance on how people can take action if they either see or experience unacceptable behaviour in the market.

It forms part of a programme of measures recently introduced by Lloyd’s to address the findings of its Annual Cultural Survey and accelerate progress towards a culture of integrity, respect, and inclusion across Lloyd’s.

The Lloyd’s Annual Cultural Survey found that 38% of respondents did not know who to alert when they had a concern, while less than half (45%) of respondents said that they felt comfortable enough to raise a concern.

Lloyd’s Chief Executive Officer (CEO), John Neal, said: “At Lloyd’s we expect all market participants to act with integrity, be respectful and always speak up. I hope this campaign encourages more people to do so. You will be heard, you will be supported, and we will act, because no matter what form it takes, harassment is never acceptable.

Liberty Mutual Reinsurance

“The ambition here is to make a positive difference in many people’s lives, by empowering individuals to act and intervene when they witness unacceptable behaviour. I think everyone has a role to play. Lloyd’s leadership is fully committed to transforming the culture at Lloyd’s with shared values that will shape the behaviours, choices and actions of everyone in the marketplace.”

The survey followed reports of sexual harassment in the Lloyd’s market, and forms part of a plan to create a more inclusive and innovative culture, and to ensure the market can attract and retain more talent.

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