Webinar: Watch Lloyd’s, WTW and Apollo discuss the future growth of the London insurance market on the global stage
In an ever-changing world where globalisation brings new challenges and competition, Lloyd’s and London market insurance companies must remain vigilant and maintain high standards in the way they govern their companies and look to innovate.
Lloyd’s Blueprint Two is a cornerstone on which the market is looking to seize opportunities afforded by digital transformation, including everything from the use of data and raising data standards to embedding tax into the process flow.
And digital transformation is not just consigned to Lloyd’s. London market companies, including those that own Syndicates, and brokers need to keep abreast of this roadmap too and digitise their businesses at scale to make sure that they operate better, faster and more efficiently.
In this on-demand webinar brought to you by Insurance Post, in association with Avalara, an expert panel discussed the following:
- What are the wider compliance challenges that are coming into the Lloyd’s and London insurance market, and how do they slow down/ help speed up the necessary digitalisation of the space?
- Are there lessons that the wider company and broker market can take from Blueprint 2 and how can these be embedded outside Lloyd’s?
- What are the risks of non-compliance and how do we avoid this?
- What steps can be taken to ensure the compliance challenges are met, and what does this mean for the use of data?
- In a changing landscape how do Syndicates, insurers and brokers sell ‘compliance’ as a facilitator of positive change - and what strategic advantages can be gained when responding to new regulation?
- How can insurers and brokers remain alert to change
- What does this all mean for the future competitiveness of the Lloyd’s and London market on a global stage?
Panel:
Charlie Dyer, indirect tax senior manager, Lloyd’s
Chris James, general manager, Avalara
Christopher Moore, Head of Ibott, Apollo Syndicate Management
John Muir, managing director of technical and operational practices, WTW
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