Lloyd’s is the world’s specialist insurance and reinsurance market. With expertise earned over centuries, Lloyd’s is the foundation of the insurance industry and the future of it. Led by expert underwriters and brokers who cover more than 200 territories, the Lloyd’s Market develops the essential, complex and critical insurance needed to underwrite human progress.
Lloyd’s is building the world’s most technologically advanced insurance marketplace. Digital transformation and innovation is already happening across our market and we are committed to making further change happen at pace. The digital ecosystem we are building will support market growth, attract new talent and enable all market participants to trade more efficiently and effectively.
We expect our existing and potential suppliers to demonstrate the appetite to drive continuous improvement through innovation, bringing best practices and provide good value for money ensuring that Lloyd’s needs and those of the Lloyd’s Market are met. We see our suppliers as an extension of our business and want to work collaboratively towards the same goals.
Our specialist Group Procurement team are integrated into operations and adopt common, high standards – sharing best practices and insights across the corporation.