Rob Myers, operations director at the Lloyd’s Market Association, looks at what firms should prioritise when planning for 2025…

The Lloyd's Market Association has appointed Joe Brace as operations director to support the implementation of the Blueprint Two market modernisation programme.

The Lloyd's Market Association has called on the Corporation of Lloyd's to continue to reduce the compliance burden associated with financial reporting for market participants.

The Lloyd’s Market Association (LMA) has vowed to remain a “critical friend” of Lloyd’s in its drive to implement Blueprint Two after relations became strained following a disagreement between the influential trade body and market CEO John Neal.

Almost a third of the initial coding has yet to be delivered for phase one of the repeatedly delayed Blueprint Two Lloyd’s modernisation programme,

Microsoft has agreed a multi-year partnership with Placing Platform Limited (PPL) which will see the tech giant’s data and AI capabilities integrated into the London market specialty insurance trading platform,

Lloyd’s has seconded two consulting heavyweights from Accenture and EY to join the Corporation while current COO Bob James focuses on his new role as CEO of Velonetic, the back-office joint venture with DXC Technology,

Insurance market participants and technologists defended the end goals of Lloyd’s Blueprint Two initiative during an informal event at this year’s

Lloyd’s has today published a new timetable for phase one testing of its delayed modernisation project Blueprint Two while parachuting in its COO Bob James to directly oversee progress in place of former Velonetic CEO Chris Halbard.

Years of failure, false dawns and broken dreams is a familiar sensation for England football fans, who once again tasted disappointment on Sunday after losing to the more deserving winner Spain in the Euro 2024 final.

London market placement platform PPL saw a 29 percent reduction in market-raised tickets between January and June this year following several remediation initiatives to address performance issues.

Lloyd’s CEO John Neal has said the ability of the struggling Blueprint Two digitalisation programme to remain within budget depends on whether the phase one testing work has “been finished by October”.

The Lloyd’s Market Association (LMA) has welcomed the decision by Lloyd’s to postpone the cutover date for Blueprint Two, with CEO Sheila Cameron reaffirming the market’s commitment to John Neal's modernisation agenda and urging momentum to be maintained.

Velonetic CEO Chris Halbard assured the Lloyd’s market there would be no delays to the Blueprint Two phase one launch only weeks before the July deadline was pushed back.

The International Underwriting Association (IUA) has provided an update on its dedicated company market support programme for the adoption of digital processing services in light of the latest delay to the phase one cutover of Blueprint Two.