Lloyd’s market innovation: five developments to watch

The Lloyd’s market is evolving through initiatives that broaden market participation, simplify its legal and regulatory framework, and expand access to underwriting capacity and external capital

THE Lloyd’s market is known for reinvention and innovation, with a long history of bringing together capital, underwriting expertise and distribution. In the last year, Lloyd’s has undertaken several initiatives and has supported the development of others by the market; some are genuinely innovative, whilst others are more of an evolution.