Your article headed "Lloyd's plans to phase out motor" (News, 9 June) paints a wholly inaccurate picture of Lloyd's views on personal lines business and misrepresents references to Lloyd's made in the Willis report, Lloyd's - Profile and Reality.
Lloyd's has no plans to phase out personal lines business which we continue to see as an important component of the market's overall portfolio.
It currently represents approximately 15% of the Lloyd's market premium and, as such, plays an important part in creating a diverse marketplace for all lines of business.
The claim that "Lloyd's is aiming to squeeze out mainstream products such as motor in favour of specialist risks which play to its reputation" is untrue.
The Willis report states that there is "something of an implication that Lloyd's is content to see" motor and some personal lines products "leave the market".
This implication is not correct and is in any event very different to alleging that Lloyd's is planning to "phase out motor".
Lloyd's remains a strong supporter of personal lines business.
Rolf Tolle
Franchise performance director
Lloyd's
