Lloyd’s of London has begun the biggest strategic review it has undertaken this decade in an attempt to ensure the more than 320-year-old insurance market does not fail in exploiting the gaps in the market thrown up by the financial crisis, the FT said. The London-based institution, which deals in large and complex insurance risks from all over the world, has brought in consultants from Deloitte to assist in the review, which Lloyd’s hopes will lead to a new strategic plan to be published in January.
