Lloyd’s is releasing “a robust plan of action to address reports of sexual harassment in the Lloyd’s market and create a safe and inclusive working environment.” The plan includes possible lifetime bans for perpetrators of sexual harassment.
This set of actions is intended to increase reporting, impose strong sanctions on those found to be responsible for inappropriate behavior, and create better understanding and awareness of the issues, said Lloyd’s. It includes:
These actions are in addition to those already reported, namely:
“It has been distressing to hear about the experiences of women in the Lloyd’s market. No one should be subjected to this sort of behavior, and if it does happen, everyone has the right to be heard and for those responsible to be held to account,” said Lloyd’s CEO, John Neal. “I am pleased that the market has given its full support for a strong set of actions, and I am determined that Lloyd’s offers a safe and inclusive working environment for everyone.”
The plan has been developed in collaboration with and endorsed by Lloyd’s board and council and by the associations representing the Lloyd’s market—Lloyd’s Market Association (LMA) and the London & International Insurance Brokers Association (LIIBA).
*This story ran previously in our sister publication Insurance Journal.