Ep300 Patrick Tiernan CEO Lloyd's: "Why Not Lloyd's?"

Patrick Tiernan has come into the CEO role at Lloyd’s with the market brimming with confidence after a third successive year of strong profitability.
Now that competitive forces are reasserting themselves with renewed vigour, the question is what next?
From this meeting the future at Lloyd’s is one full of increased velocity and innovation in all things. New leadership, new forms of underwriting, new targets and ambition, new risks, new ways to transact business, new skills and attitudes from the people who work in the market and new capital structures to bear the financial load.
Recorded live in the centre of the Underwriting room by the Rostrum on a busy working day this is an energetic encounter from start to finish.
If you want to get a clear feel for the charismatic new Lloyd’s CEO’s strategy and modus operandi, this will get you up to speed in no time.
Patrick is easy to talk to and is disarmingly frank.
From my experiences of doorstepping him whenever I have had the chance over the past five years, I can promise you that we would have had the same conversation whether or not the microphones had been turned on.
What you see is what you get. So listen on for an audio roadmap for the market of the next five years and beyond.
NOTES:
The Sean Patrick Refers to is of course Sean McGovern, Lloyds Council member, CEO of UK and Lloyd’s at AXA XL and current Chair of the LMA.
ICX and TCX are respectively the special Innovation and Energy Transition risk codes used to account for novel premium transacted in the Lloyd’s market.
LINKS:
We thank our naming sponsor AdvantageGo, now part of Sapiens:
https://www.advantagego.com