Skip to main content

Year in review 2020

Lloyd’s delivered a number of key successes during 2020 across all three strategic priorities, despite the impact of COVID-19.

Delivering on our purpose in a challenging year

As we look back at 2020, we can all be proud of the way in which Lloyd’s has stood up and demonstrated its strength and resilience during one of the most challenging times in living memory.

Empowering insurance innovation

The Lloyd’s Innovation Lab continued to go from strength to strength during 2020, delivering two additional programmes targeted at COVID solutions; Fusion – a three-day fast-track programme, and a COVID sprint that ran over the summer.

Transforming Lloyd’s culture

Transforming Lloyd’s culture is a strategic imperative for the future success of our marketplace – one which is powered by the intellect of its people, who together create our shared culture and our shared future.

Performance

Having embarked on a three-year journey to improve performance, 2020’s process was all about delivering logical, realistic and achievable plans – something which was particularly important given the level of disruption and uncertainty caused by COVID-19.

Driving Lloyd’s digitalisation

2020 saw substantial progress laying the foundations to support the next phase of our ambition to build the world’s most advanced insurance marketplace.