A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders to be women, though progress on diversity was “incremental,” Lloyd’s said in a report on Monday.
Lloyd’s has been trying to improve diversity in the market, which employs around 45,000 people in insurance and broking firms based in the City of London financial district.
Lloyd’s, which has previously acknowledged issues with sexual harassment and daytime drinking, published its first culture report in 2020 and has set targets for improvement.
