Overcoming the practical challenges of implementing Blueprint Two

Working with Guidewire and PwC, in May 2021 The Insurance Network (TIN) surveyed the UK large complex commercial risk community, seeking to identify the key challenges surrounding the implementation of Blueprint Two (BPII) and the Lloyd’s modernisation agenda.

On the 25th of May TIN hosted an online panel discussion entitled ‘Overcoming the practical challenges of implementing Blueprint Two’, which was intended to explore those challenges and the implications of BPII for data, operations and technology in the London market.

This report seeks to summarise those discussions and to explore potential future directions of travel for a modernisation programme which looks set to become eponymous in that it may well define the Future at Lloyd’s.

Topics covered:
• Operational challenges.
• Timelines and sunset dates.
• Standards.
• Core Data Record (CDR).
• Future of the bureau.