Lloyd's targets £800m cost reduction in second phase of transformation programme

The Lloyds building in London

Market outlines its ambitions for phase two of its Future at Lloyd's strategy as it seeks to modernise.

Lloyd’s has published its second blueprint which sets out the plan for the next phase of its Future at Lloyd’s strategy to build the most advanced insurance marketplace in the world.

It detailed that Blueprint Two is a two-year programme which builds on the ambitions published in Blueprint One in September 2019, with a focus on solutions that will move Lloyd’s to a digital ecosystem.

This follows an update in February where Lloyd’s detailed its priorities for 2020 and stated it had raised

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: