The Lloyd’s Market Association’s (LMA) Operations Director, Joe Brace, is calling for shared standards, more collaboration and experimentation with data and artificial intelligence (AI) to move the market forward.
After a long career in banking and insurance, my first three months at the LMA has been a rapid immersion into the market’s ecosystem of initiatives – Blueprint Two, DAC, TMO, DPSA – each representing a different layer of transformation. Arguably the most important of these, Blueprint Two, lays the foundation for a modernised London market infrastructure by removing legacy constraints, encouraging innovation and allowing peer-to-peer and whole market connectivity.