The organisation’s manifesto puts supporting members with various Future at Lloyd’s initiatives at the top of its list

Next generation of brokers must play a key role in London market’s modernisation, association says, as it outlines areas of focus for the year ahead

International Underwriting Association chief executive says 2023 will be ‘hugely significant’ in London’s ambition to be the world's first digital market

Inflation, market modernisation and ESG require action in 2023, but they also require a longer-term view if the market is to position itself well for the future

Outgoing PPL chief executive Sue Jakobek reflects on the forthcoming launch of the next generation version of the London market e-trading platform 

NextGen 1.0 of the London market e-placing platform will replicate most of the existing system’s capabilities with an improved user interface, as further enhancements are planned for second quarter of 2023

Agreement over the Core Data Record should reduce error rates across the bureau world and enable the London market to take a genuinely new, digital approach to trading

The technology relationship between insurers and reinsurers is still beset by inefficiencies and manual processes, which the rapid rise of reinsurtech has the potential to disrupt 

The challenge companies face is to expand the proportion of business they trade digitally on a pathway that is both economical and scalable

In previous stages of London market reform, much has been said about aligning EC3 and making it as easy to do business with as any other insurance jurisdiction. Blueprint Two is taking real steps to ensure this alignment and centralised infrastructure is a key component of its success

The technology is part of the international broker’s wider efforts to help digitalise the marketplace

Failure to adapt and take advantage of new technology risks missing an opportunity