The rise of the lead follower at Lloyd’s

Digitalisation is not just driving the bifurcation of lead-follow construct at Lloyd’s, it is also creating a new tier of leaders within the follow market

THE RISE of facilitisation and the increased use of technology and algorithms to speed up follow business has led to much talk about how the roles of lead and follow are increasingly diverging. As underwriters expand their use of AI tools, it’s not hard to imagine a future in which follow business is completely automated.