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Lloyd’s of London represents a key global hub for specialty re/insurance risks. The market’s high cost base and traditional reluctance to embrace technological reform has raised questions about its competitiveness, prompting the launch of The Future at Lloyd’s initiative in 2019. This section contains news, analysis and insight examining developments in this project as Lloyd’s works to strengthen its position in the global specialty re/insurance industry.  

TMK's Shaw: ‘Innovation and underwriting discipline will see us through Covid’

Tokio Marine Kiln is engaged in a major portfolio optimisation programme to better position itself in the post-Covid market, the company’s chief underwriting officer says

Tokio Marine Kiln Lloyds

Viewpoint: Data-driven underwriting will secure the future of coverholder market

The market must invest more in new technology ecosystems to enable coverholders to analyse, manage and share risk data more efficiently and cost effectively

Distribution London

Viewpoint: The days of the Underwriting Room at Lloyd’s are numbered

In the post-lockdown world, a complete rethink of the use of the trading floors is required

Lloyds Coronavirus

Focus: Brokers must lead drive to reduce the cost of distribution

To survive in a rapidly transforming market environment, it is critical brokers concentrate on those aspects of their role that truly add value to both underwriters and clients

Focus Distribution

Focus: New leadership is needed for diversity to flourish in the London market

Transforming the current market workplace environment to cater to different work patterns, backgrounds, circumstances, and abilities, demands a different style of leadership and talent management

Focus Diversity

ID Comment: Could Blueprint Two shave off more than £800m in costs?

Lloyd’s is uncovering the massive scale of inefficiencies in the market 

Lloyds Market Modernisation

Pandemic casts light on London's e-trading challenges

Many of the technologies, including e-trading systems, implemented in the London market in 2020 to ensure business continuity, are not fit for purpose in a post-Covid market environment

London Market Modernisation

Quant syndicate Ki looks to build a more ‘agile’ follow market

Innovative Lloyd’s syndicate seeks to create a transaction model that is simple and efficient

Lloyds Brit