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Lloyd’s today announced a number of changes to its Executive Committee, which strengthen the Corporation’s strategic focus in 2023 to deliver against its priorities of performance, digitalisation, purpose and culture.
Following the near completion of the Core Data Record, the London Market Group’s Data Council has put together some suggested recommendations for what the new processes, roles and responsibilities could look like within the target-state data/digital journey. The LMG Data Council is now running a consultation process to sense check the recommendations against the business outcomes required by the market, as well as understand if the processes will address previously identified pain points and opportunities for increased operating effectiveness and efficiency.
Former Obama appointee and tech exec will step into the role in May
Lloyd’s, the world’s leading marketplace for commercial, corporate and specialty risk solutions, has today confirmed that all London market technology vendors that interact with the existing central services have pledged their intent to introduce changes to their platforms to accommodate the new Blueprint Two solutions for the London insurance market. Blueprint Two will digitalise London market operations through solutions that will make placement, accounting and claims settlement better, faster and cheaper.
On Monday 5 December, Lloyd’s alongside DXC Technology co-hosted our Blueprint Two Progress Event, updating the market on what we’ve delivered in 2022 and the key areas of focus for 2023 and 2024.