Why Lloyd’s- An Intimate Chat with Alice and Tilly

London_Chapter

Join host Alice Budge and guest Tilly Milnes as they demystify the unique world of Lloyd’s of London, exploring why businesses choose to bring their insurance needs to this iconic market. Discover the seven pillars that set Lloyd’s apart, from its global reach and collaborative structure to its creative, bespoke solutions for clients. Dive into fascinating real-life examples, the intricacies of claims handling, and the importance of strong leadership within the Lloyd’s ecosystem. Whether you’re an industry insider or just curious, this episode offers valuable insights and engaging stories from the heart of London’s insurance market.

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Featured on This Episode
Host
Alice Budge
Partner, Specialist Risk International
Alice Budge is a seasoned broker with 15 years of experience in the Lloyd’s market, including the past five years with SR International. She specialises in placing North American Errors and Omissions, Financial Institutions, and Media Liability risks, and has developed a significant presence within the Delegated Underwriting Authority sector. In addition to her broking responsibilities, Alice serves on the London PLUS Committee, contributing to market development and industry initiatives.
Guest
Tilly Milnes
Underwriter, Professional Lines, IQUW
Tilly Milnes joined IQUW in October 2023 as a Senior Claims Handler and has recently transitioned across disciplines from Claims to become an Underwriter within the Professional Lines team, bringing cross-functional expertise and technical knowledge to the role. She has been advising clients and handling complex professional lines claims in the London market for over 10 years. She trained at Kennedys and qualified as a solicitor in 2015, thereafter continuing to work with its Professional Indemnity team. During her time at Kennedys, she had secondments to three leading London insurers. In 2018, Tilly joined WRB Underwriting, working as a Claims Adjuster and managing a portfolio of international D&O matters, with a focus on US exposures. Before joining IQUW, Tilly also worked as a Senior Claims Adjuster at Arch Insurance in London, handling complex D&O, Financial Institutions, and Transactional Liability claims in a variety of jurisdictions.
Episode #

1

Month

January

Year

2026

Business Line

Professional Liability

Topic

Professional Liability (PL) Insurance

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