5 days ago
I helped save Lloyd's of London. The personal touch keeps it alive
S ir Charles Roxburgh is sitting at a magnificent mahogany desk when he points out a stain. It is proof that this otherwise glistening piece of furniture is in everyday use at Lloyd's of London. Indeed, he reminisces that he had a seat at this table 30 years ago, when he was part of the team drawing up the rescue plan that has ensured the 300-year-old insurance market is still functioning today.
At the time he was working for the management consultancy McKinsey, but since May he has enjoyed something of a homecoming as the chairman of Lloyd's, which is known around the world for insuring almost anything — ships, oilrigs and even concerts, such as the ones Taylor Swift had to abandon in Vienna last year in the face of security threats.