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Blueprint Two: A Paradigm Shift for the Lloyds Market

Blueprint Two: A Paradigm Shift for the Lloyds Market

Lloyd’s of London, the world’s leading insurance marketplace, is evolving to secure its position at the forefront of the global insurance industry. The Future of Lloyd’s modernisation strategy, launched in 2019, sets out an ambitious vision to digitise, automate, and enhance market processes, transforming Lloyd’s into the most advanced insurance marketplace worldwide.

Our latest report provides an in-depth analysis of Lloyd’s multi-phase transformation journey, examining its goals, achievements, and upcoming challenges. The transformation, known as Blueprint Two, encompasses major technological shifts, streamlined data-driven processes, and comprehensive digitisation, all aimed at empowering market participants and delivering unparalleled customer experience.

What you'll learn:

Data Standardisation
Introducing Core Data Records (CDR) for clearer, more accurate risk placement and claims.
Automation Advances
Reducing manual work with automated, streamlined processes.
Real-Time Data Use
Driving faster, data-informed decisions and risk insights.
Uniform Contracts
Standardising contracts to boost efficiency and reduce errors.

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