Bruce Carnegie-Brown

Bruce Carnegie-Brown, Chairman of Lloyd's of London, shares insights on the economic landscape with Bloomberg correspondent Lizzy Burden. They discuss the implications of Labour's tax policies on business and the need for a balance between growth and fiscal health. Carnegie-Brown emphasizes nurturing investor confidence amid geopolitical risks and stresses the importance of cohesive economic plans from the Chancellor. Their engaging conversation underscores the collaboration between the government and private sector in navigating these challenges.

Bruce Carnegie Brown, Chairman of Lloyd's of London, dives deep into the world of insurance and business interruption policies. He reveals the shocking truth that many businesses were not covered for pandemic-related losses due to vague policy language. The discussion highlights legislative pressure on insurers and examines the disparities between small businesses and large corporations. Carnegie Brown calls for innovative solutions in insurance to better safeguard against future crises, emphasizing a need for collaboration between private and public sectors.