Lloyd's plans to reopen the Underwriting Room on 1 September
Lloyd’s has announced that it is planning to reopen the underwriting room in the Lloyd’s building on 1 September. In order that underwriters and brokers are able to adhere to social distancing requirements, the capacity of the room will be restricted to 45%. All underwriting boxes will have clear screens so that confidential but safe face to face trading can continue. Only two (of four) entrances will be open and a one-way system will be in place around the underwriting room. Escalators will be working, but the lifts will be restricted to two passengers at any one time. Lloyd’s is working with the market to provide a class of business rota system to ensure maximum efficiency for market participants.
In parallel to the operation of the underwriting room, and as part of the Future at Lloyd’s initiatives, Lloyd’s is establishing a virtual underwriting room which will allow brokers and underwriters to connect and collaborate online. This will include a connectivity bar which will act a help desk to assist with training and connectivity troubleshooting. There will be booths equipped with digital screens and high speed wifi. All network connectivity around the market is being upgraded.