Name of Company:Lloyd's of London
Programme Name:Lloyd's Community Programme
Staff in London:566
Lloyd’s Community Programme (LCP) was set up in 1989, making it one of the longest-running City-based community programmes. The programme’s aim remains to improve the educational attainment and life chances of young people.
Reaching into half of Tower Hamlets’ schools, Lloyd’s focuses on
supporting students with literacy/numeracy, raising aspirations and employability. 20% volunteer growth last year meant that 3,000 young people from 45 Tower Hamlet schools were supported. 80% of the Lloyd’s-supported Aim2Attain cohort at Cambridge Heath Sixth Form has achieved a place at university this autumn with 40% of those at Russell Group universities.
To improve local employment and support for local start-ups, Lloyd’s set up the Lloyd’s Loan Fund for small businesses in the 1980s, signed up to the London Living Wage and provide paid internships for local students. A 2013 survey of the interns showed that 91% were very interested or would now consider a career in insurance as a result of their internships compared to only 13% who said they felt familiar with insurance when
surveyed before their internship.