Later this year, Lloyd’s Register’s Business Assurance & Inspection Services division will become an independent business, under the brand LRQA – a name which reflects the firm’s heritage and experience in both the assurance and inspection markets.
“It was a decision driven by a strategic review within Lloyd’s Register,” explains LRQA CEO Paul Butcher. There is significant opportunity for both sides of the business – Business Assurance & Inspection Services as well as Marine & Offshore – but both need greater focus and investment to maximise their potential. In Goldman Sachs Asset Management, we will be backed by a globally admired business ready to invest in our strategy and vision.”
As an independent business, LRQA will accelerate its ambition to lead the sector in digital assurance, putting more focus and investment into technologies that will deliver more efficient audits, inspections and cyber security services; using data to transform risk management, and recognising that assuring both digital and physical assets will be critical for the future.
“I don’t believe the fundamentals of our relationships with clients will change,” says…
