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Lloyd's N.A. President Sees Opportunity For Industry To Become More Efficient

The challenging financial climate is an opportunity for insurers to make needed changes to create leaner, more efficient and competitive organizations, according to the president of Lloyd's North

By Caroline McDonald | Updated on November 23, 2008

The challenging financial climate is an opportunity for insurers to make needed changes to create leaner, more efficient and competitive organizations, according to the president of Lloyd’s North America, LoriAnn Lowery.

“People are talking about the glass being half empty, as we’re seeing people let go–the redundancy factor,” she said during a speech here this month to the Association of Professional Insurance Women.

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