Our priorities that we will focus on in 2021 and 2022
Keep updated on the latest progress
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Lloyd’s, DXC Technology (NYSE: DXC), the Boards of the Lloyd’s Market Association (LMA), and the IUA (International Underwriting Association) have signed new Heads of Terms which will support the ambition set out in the Future at Lloyd’s Blueprint Two to build the world’s most advanced digital and technology led insurance market place.
In March we announced our intention to undertake a phased approach to the full adoption of Delegated Data Manager (DDM), working with brokers, coverholders, delegated claims administrators (DCAs) and managing agents who have the capacity and appetite to adopt and drive early benefits.
Questions and Answers collated from attendees before and at the webinar are now available in our blog.
Today we are pleased to announce the release of the market-wide voice and video calling feature in the Virtual Room.
Lloyd’s is investing to significantly enhance our digitalisation capabilities as we transform our market. For this, we are seeking new talent who will be excited to embrace the challenge and opportunities of building the Future at Lloyd’s.
We have expanded, and added, some fields to the CDR template in the second iteration and strongly encourage you to continue to give us your input and insight.
Our market consultation to re-imagine the iconic Underwriting Room and supporting spaces in the Lloyd’s building continues – we are now inviting feedback on an early direction for the future vision via our collaboration hub.
Read our March newsletter.
As part of the Future at Lloyd’s strategy, we are committed to delivering solutions that simplify and significantly reduce the cost of doing delegated business.
On 24 February we launched some key features that enable brokers and underwriters using the Virtual Room to book a time that’s perfect for them both and syncs directly to work calendars.
Lloyd’s today announced that it has received regulatory approval from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to set up a new multi Insurance Special Purpose Vehicle (mISPV).
Very few people genuinely get the chance to be part of a once-in-a-generation programme that will truly transform their sector.
Hear from the market experts who are the architects for improving delegated claims.
Picnic s.2460, managed by Asta, is the latest Syndicate-in-a-Box (SIAB) to be approved, launching 1 January 2021.
We interviewed market participants to hear about their experiences in helping to shape the future at Lloyd’s claims solution. Here’s their thoughts.
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