Franchise Board
E460291
The Franchise Board is a key governing body within Lloyd’s of London responsible for overseeing the market’s commercial and underwriting strategy and performance.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Franchise Board canonical | 1 |
Statements (42)
| Predicate | Object |
|---|---|
| instanceOf |
corporate board
ⓘ
governing body ⓘ |
| aimsTo |
maintain high underwriting standards at Lloyd’s
ⓘ
protect policyholders at Lloyd’s ⓘ support the long-term financial strength of Lloyd’s ⓘ |
| focusesOn |
commercial performance of the Lloyd’s market
ⓘ
risk management across the Lloyd’s market ⓘ underwriting profitability of the Lloyd’s market ⓘ |
| formedAsPartOf | Lloyd’s governance structure ⓘ |
| governs | market conduct standards at Lloyd’s ⓘ |
| hasAuthorityOver |
managing agents at Lloyd’s
ⓘ
underwriting syndicates at Lloyd’s ⓘ |
| hasJurisdictionOver | Lloyd’s market NERFINISHED ⓘ |
| locatedAt | Lloyd’s building NERFINISHED ⓘ |
| locatedIn | London NERFINISHED ⓘ |
| operatesInSector |
insurance market
ⓘ
reinsurance market ⓘ |
| oversees |
business planning process for managing agents
ⓘ
commercial strategy of the Lloyd’s market ⓘ performance management of the Lloyd’s market ⓘ underwriting strategy of the Lloyd’s market ⓘ |
| partOf | Lloyd’s of London NERFINISHED ⓘ |
| reportsTo | Council of Lloyd’s NERFINISHED ⓘ |
| responsibleFor |
approving business plans of managing agents
ⓘ
ensuring appropriate capital is in place for the market ⓘ ensuring sustainable profitability of the Lloyd’s market ⓘ market oversight ⓘ monitoring performance of managing agents ⓘ monitoring underwriting performance across the market ⓘ overseeing the market’s commercial strategy ⓘ overseeing the market’s performance ⓘ overseeing the market’s underwriting strategy ⓘ protecting the Central Fund of Lloyd’s ⓘ protecting the Lloyd’s brand and reputation ⓘ setting performance standards for managing agents ⓘ setting risk management requirements for the market ⓘ setting underwriting guidelines for the market ⓘ |
| setsPolicyOn |
capital and solvency expectations for managing agents
ⓘ
risk appetite for the Lloyd’s market ⓘ underwriting discipline at Lloyd’s ⓘ |
| worksWith |
Council of Lloyd’s
NERFINISHED
ⓘ
Lloyd’s executive team ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.