This may include accelerated capital plan reviews and approval processes, and prioritising activities in support of existing businesses ahead of new entrants. Lloyd's has issued a 9/11 -point plan for companies to prepare for a cataclysmic event that could test the insurance industry's resilience. Following a test of the UK insurance industry's ability to deal with multiple market-turning events the start of the month , Lloyd's has said its members and syndicates should have measures in place to deal with a real life catastrophe, such as the six terror attacks, in an orderly manner. Jon Hancock , Lloyd's director of performance management, said the companies must "make sure the Lloyd's market is in a position to act swiftly and decisively to any future market-turning events".
Lloyd's has issued a 9/11 -point plan for companies to prepare for a cataclysmic event that could test the insurance industry's resilience. Following a test of the UK insurance industry's ability to deal with multiple market-turning events the start of the month , Lloyd's has said its members and syndicates should have measures in place to deal with a real life catastrophe, such as the six terror attacks, in an orderly manner. Jon Hancock , Lloyd's director of performance management, said the companies must "make sure the Lloyd's market is in a position to act swiftly and decisively to any future market-turning events".