Richard Ward, CEO Lloyd's: Learning from Crises at Lloyd's of London

Knowledge at Wharton

Episode Description

Lloyds of London has been covering complicated and unusual risks including a wine tasters nose and a coffee tasters tongue for more than 300 years. But twice since 1990, it has faced crises that threatened its very existence. In a Wharton Leadership Lecture, chief executive Richard Ward describes the lessons it learned.

Brief Summary

Lloyd's of London discusses unique insurance practices and historical crises, emphasizing risk management and underwriting complexities.

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