Third-party capital is central to Lloyd's future success, claimed Nigel Hanbury, chief executive of private investor's funds management company Hampden Agencies.
Hanbury said: "The supply of third-party capital is considerably more beneficial to Lloyd's than is generally recognised.
"Third-party capital diversifies Lloyd's capital base, strengthens the Central Fund and makes less claims on it than others, and it acts independently at times of crisis such as when the World Trade Centre was destroyed."
He added: "Third-party capital is a vital backer of syndicate start-ups and it does so without demanding management control."
The company said it estimated that 25% of Lloyd's overall capacity was supplied on a third-party basis.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
