FCP is one of the key milestones for the Future at Lloyd’s Blueprint Two programme, which is digitalising the Lloyd’s market to make it better, faster, and cheaper. FCP gives managing agents (MAs) greater flexibility in their capital management and provides all participants with real-time visibility over claims payments, as well as a reduction in associated account and transactions fees.

This initiative is being delivered in partnership between the Lloyd’s Lab, the LMA and LIMOSS, created specifically to address the market’s most pressing challenges through finding the best-in class insurtechs to solve their needs.

COLG is supporting the adoption of Blueprint Two and the wider claims community in its efforts to modernise and digitise the market.

COLG engages with and informs the wider claims operations community a few times a year via forums, surveys and networking events. Please reach out to the committee secretary or the chairs for further details.

The LMA Academy enhances the technical expertise of claims professionals within the Lloyd’s market. Its Claims Operations Management programme, developed in conjunction with COLG, is designed for claims professionals who are responsible for operational claims delivery and those who want to deepen their understanding of claims operations.