Europe

Lloyd’s partners with Schroders Solutions on new market investment platform

Image

Lloyd’s, the world’s leading marketplace for commercial, corporate and speciality risk solutions, has today announced the appointment of Schroders Solutions as the investment partner of its new investment platform. 

 

London, Tuesday 29 March 2022 – The open-architecture firm manages £150bn of global assets for insurance companies and has long-standing partnerships within the Lloyd’s market.

The new platform will consist of a series of select funds across asset classes, made available to Lloyd’s market investors who can freely invest in and allocate between them. Third party managers will be selected for each fund, advised by Schroders Solutions. Lloyd’s Central Fund will act as a co-investor, catalysing the launch of the funds while enhancing the risk return profile of the Central Fund.

The platform is designed to help investors in the Lloyd’s market generate attractive risk-adjusted returns on capital and access a broader range of investment opportunities, including private assets. By consolidating market investment funds under one umbrella, participants will benefit from collective economies of scale, thereby lowering costs. As a reflection of Lloyd’s core values and purpose, ESG criteria are embedded in the platform funds, to support the delivery of net zero objectives both for investors and the Lloyd’s market.

“We’re focusing on profitable and sustainable growth at Lloyd’s – which is why we’ve created this new platform to make it easier for investors to access and co-invest in the Lloyd’s market. Those joining the platform will benefit from greater scale and investment expertise, alongside the ability to prioritise green and socially responsible investments in our market. So it’s really been designed with the future, and profitable growth, in mind.”

Burkhard Keese, Chief Financial Officer and Chief Operating Officer, Lloyd’s 

“It’s really exciting to announce the appointment of Schroders Solutions as our delivery partner for our new investment platform. The benefits will be different for each investor: for some, it will be accessing fund strategies like private assets, where scale can sometimes prove a challenge. For others, it will be the smoother decision-making enabled by Schroders Solutions’ bespoke strategies and best-in-class manager selection. We look forward to good conversations with market participants as we set up the platform, and to welcoming new funds later in 2022.” 

Eleanor Bucks, Chief Investment Officer, Lloyd’s 

“We have applied intense focus on developing capabilities in private assets and solutions. This is a landmark appointment for Schroders and reflects how our whole of market capabilities can help solve complex investment requirements for clients. Bringing together over 500 years of heritage and expertise in investment and the insurance market creates a unique and innovative relationship, focused on the individual investment needs of Lloyd’s and its syndicate members.”

Peter Harrison, Group Chief Executive, Schroders

Trending
Share this Post:
Posted by IRL Staff

Advertisement

ad ad

Related articles

Patrick Rastiello joins Ardonagh Specialty to lead North America Reinsurance expansion

Ardonagh Specialty has appointed Patrick Rastiello as CEO* of its North American reinsurance operations.   Patrick will be responsible for building Ardonagh Specialty’s US reinsurance...

Global Markets Overview: February 2024

In this Global Markets Overview, we explore our global outlook and share what we think it means for 2024.  https://www.wtwco.com/en-gb/insights/campaigns/global-markets-overview As...

EAMONN CUNNINGHAM WINS RIMS HARRY & DOROTHY GOODELL AWARD

Risk Management Trailblazer Presented with RIMS Highest Honor for Lifetime Achievement in Risk Management  NEW YORK (February 13, 2024) – At the RIMS New Zealand and Pacific Island...

Insurer’s Lease More Than Doubles Its Chicago Office Space

Sompo International Plans Move to 46-Story Tower at 155 N. Wacker A global specialty insurance provider is more than doubling the size of its Chicago office in a move a few blocks north, bucking the trend...

Haynes and Boone, LLP is pleased to announce that Peter A. Halprin has joined the firm as a Partner

Haynes and Boone, LLP is pleased to welcome Insurance Recovery Partner Peter A. Halprin to the firm’s New York City office. A Chambers USA-ranked attorney, Peter joins from Pasich LLP, where...

LIO Specialty Launches Revolutionary Online Portal for Life Science Insurance Solutions

Leading the Excess and Surplus Lines Market with Innovative Coverage for Cannabis and Nutraceutical Industries  West Conshohocken, PA– LIO Specialty Insurance Company proudly announces the launch...