Lloyd’s and insurance technology provider Velonetic said they postponed a cutover phase to digital services, scheduled for October, citing safety and market readiness concerns.
Tag: Lloyd’s Blueprint Two
Lloyd’s Announces Joint Venture to Digitize Market
Lloyd’s confirms that a contract has been signed with DXC Technology and the International Underwriting Association (IUA) in an agreement that will build the solutions to digitalize, streamline and fully automate processing for the Lloyd’s and London market; a pivotal moment in fulfilling the ambition set out in Blueprint Two. The agreement has also received… Continue reading Lloyd’s Announces Joint Venture to Digitize Market
Lloyd’s, London Insurers Signs with DXC Technology to Transform Digital Processing
Lloyd’s, DXC Technology, the Boards of the Lloyd’s Market Association (LMA), and the IUA (International Underwriting Association) have signed new Heads of Terms which will support the ambition set out in the Future at Lloyd’s Blueprint Two to build the world’s most advanced digital and technology led insurance market place. The parties confirmed that this… Continue reading Lloyd’s, London Insurers Signs with DXC Technology to Transform Digital Processing