London insurance market faces an increasingly complex global environment. Known for managing intricate risks through a network of syndicates and brokers, Lloyd’s has insured everything – from traditional property risks to emerging threats such as cyber risks. However, global risks’ interconnected nature demands a more agile and responsive market, especially as rising customer expectations and geopolitical tensions push Lloyd’s to a pivotal moment where innovation is essential.
In this viewpoint, we outline London insurance market’s strategic priorities, key segments such as property, casualty, and specialty insurance, blueprint model’s role in driving digital transformation, and outlook for insurance enterprises.
Scope
Industry: insurance
Geography: UK
Service: insurance BPS
Contents
In this study, we examine:
Product overview in the London insurance market
The digital transformation journey
Key services offered, strategic collaborations, and value delivery opportunities for providers