Are underwriters ready for a 60% follow market at Lloyd’s?

The evolution of the enhanced underwriting model could fundamentally change the way in which Lloyd’s managing agents underwrite their business

In November 2024, the Lloyd’s Market Association (LMA) launched a report, The Growth of Enhanced Underwriting in the Lloyd’s Market: The New Normal? to define enhanced underwriting propositions in the Lloyd’s Market. The report differentiates four distinct enhanced underwriting models and assesses how they might evolve over the next five to ten years.