Progress against the Blueprint Two roadmap
The second Interactive Guide centred around a roadmap running from Q1 2022 to market cutover in Q2 2024.
This roadmap outlined the major milestones to deliver upon the data first journey for Open Market Placement, Delegated Placement, and Claims. It also had embedded into it the replatforming of the 40-year old mainframe system that serves the market to a cloud based and resilient placement, settlement and claim platform.
We set out the following on the roadmap:
- The transition to the digital marketplace: it is important to prepare our organisations to get ready for this, and since the issuance of the roadmap Lloyd’s and the JV have set up a joint team focused on Market Readiness led by Joe Dainty and Peter Houston
- The roadmap highlights what is changing, when to get ready to adopt the solutions, and the key actions required. This is being followed up by the engagement plan for the new Market Readiness Group described above
- Market participants each have their own transformation path and will adopt an implementation strategy that satisfies their needs both now, and in the future and our readiness strategy will take this into account
- Alongside perspectives from market leaders, the roadmap is intended to provide a guide to inform the planning for your digital journey, with actions you can take to become benefits ready.