The New Broom At Lloyd's Of LondonRichard A. Melcher
Around Lloyd's of London, David E. Coleridge always has been known as a go-getter. Back in the 1960s, as a rising young underwriter at the fabled insurance exchange, Coleridge drew a bead on his more senior colleagues by muscling into their business whenever they were out on vacation. Later on, Coleridge took over a sleepy underwriting agency, Sturge Holdings PLC, and turned it into Lloyd's largest member, quadrupling its profits and earning him stock now worth $32 million after it went public in 1985.
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