Lloyd’s 16,000 members will vote on reform proposals on September 12. After months of debate, changes of emphasis and some backing away from controversial issues, the market has decided to make it easy. Instead of the expected multiples of questions for voting, Chairman Sax Riley is giving voters one choice – vote yes for or no against the whole package of reforms.

Proxy votes will have to be in by September 10. A move by some Names to dispute the market’s right to reform itself is not expected to delay the vote.