Robert Hiscox is elected Deputy Chairman of Lloyd’s
People
A position he holds from 1993–5.
Bronek Masojada, working for McKinsey, is involved in the first business plan ever for Lloyd’s in 1993.
Robert Hiscox leads the introduction of corporate capital to Lloyd’s in 1993 which produces almost £1 billion of capital to the market and stems the outflow of individual members (Names).
Equitas is formed to take all liabilities prior to 1993, leaving the Lloyd’s market with a clean slate to continue underwriting.
In 1994 Robert leads the work on the auction of capacity so that individual Names could buy and sell capacity on syndicates.
