May 20, 2026 – Risk Managers

A Picture Worth 1,000 Words

What is the reason for this?

For more information contact Alex Cespedes – Phone: (956) 797-8310

Insurance companies want to retain as much business as possible. Incentivizing brokers is a powerful means to that end.

By George Shirley

Most people outside of the insurance market have no idea how Lloyd’s of London actually works, so here’s a *very simple* version: