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One Lime Street
+44 (0)20 7327 1000
Managing Agent Services:
+44 (0)20 7327 5693
Lloyd’s occupies sites in both London and Chatham.
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+44 (0)20 7327 6125Out of hours calls:+44 (0)7659 597 825
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Risk management principles, minimum standards, guidance and advice.
The approach to risk management is communication throughout the organisation and supported by explicit ownership of the risks and a clear allocation of responsibility for their day to day management.
The organisation has a process by which it can identify, assess and mitigate the significant risks to the achievement of its business objectives.
The organisation has a process for monitoring its risk profile and identifying and responding to significant issues and events. The risk profile is a key input to setting and re-setting business objectives, policies, risk appetite and the internal control environment.
The organisation’s risk management framework is integrated with the capital modelling process and methodology, allowing management effectively to assess overall capital needs, enhance capital allocation and measure the return on risk.
Lloyd's has developed a risk management toolkit to help to develop risk management practice across the Lloyd's market. The toolkit provides a range of tools, techniques and templates, worked examples and practical advice for key aspects of risk management.
Olly ReevesHead of Risk Management
t: +44 (0)20 7327 6229
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