Accelerating digital journeys for the London Market
The London Market is inherently complex, with friction heavy processes and a lot of duplication taking place. It is expensive and resource heavy, which in the long term is unsustainable. Especially when you consider up to 40% of the premium is eaten up in acquisition costs. This unacceptably high cost of doing business is driving change and catalysing transformation.
Now, more than ever the London Market needs digital change. Key initiatives such as Future at Lloyd’s support the changes required to ensure the market remains relevant and credible globally. The race is on to reduce the cost of doing business. And to increase efficiencies and improve the overall end-to-end user experience. For further information see our guide for the London Market.eGuide London Market