Leveraging data, analytics and automation to transform underwriting operations in the Lloyd's and London market
A recent breakfast briefing explored automatic extraction and enrichment of unstructured pre-bind data to streamline processes and improve underwriting decisions in the London market. This content explores the key themes discussed including areas ripe for automation and looking to the future.
The new digital age has dawned on the London market, and digitalisation is moving ahead at pace as Lloyd’s Syndicates fight for relevancy on the global stage. This content focuses on how artificial intelligence and data transformation can enable the market to make smarter bets on risk selection.
London market insurers are turning to Software as a Service, putting a new emphasis on how to achieve a successful tech rollout. In this blog, Duck Creek Technologies’ Matthew Priestley shares his expertise.
This report seeks to identify the key challenges surrounding the implementation of Blueprint Two (BPII), the Lloyd’s modernisation agenda in the London market.
This whitepaper is based on a survey conducted by Nuxeo and confirms a growing appetite for more agile ways of harnessing critical enterprise content assets, as organisations in all sectors strive to keep up with a fast-changing world.
The Insurance Network and Duck Creek Technologies conducted a survey to identify the key challenges in London market technology within individual companies as well as at a market level. This report aims to summarise the findings of the survey, whilst also providing some brief comment and analysis.
The Future at Lloyd’s Blueprint One, the plan to transform the market, has been covered widely by City of London insurance pundits, but there is still a long way to go before we know what it looks like. This blog highlights why the Blueprint stands out from previous modernisation initiatives.
The announcement of the Lloyd’s Blueprint One had been well signalled when Lloyd’s announced the Future of Lloyd’s Prospectus back in May 2019. This short article provides a perspective on Lloyd’s latest modernisation programme.
Lloyd’s of London recently drafted a prospectus on options for change within the sector. This blog looks at the way companies are embracing the digital revolution and discusses the new products, platforms and capabilities that are being developed to help streamline and optimise operations.
Lloyd’s of London, like the London market as a whole, is becoming more urgent about getting up to speed with modern technology – and claims is leading the way. This article focuses on how the claims community at Lloyd’s has been the one shining light in the trend towards the market’s modernisation.