Data has always been at the centre of London market operations, but the lack of standardized, digital data and the capabilities to move it around the market seamlessly has contributed to slow customer service, inefficient processes and an inability to harness new technologies.

However, as leading organisations enable their digital transformation strategies, tackling these data challenges has become an imperative, both to enhance products and services, but also to enable automation and drive out cost.

What’s more, with Lloyd’s Blueprint Two’s digital spine putting data at the heart of the modernisation agenda, and the Core Data Record defining minimum required data points, companies urgently need to prepare for a rapidly evolving data landscape.

This breakfast briefing will explore 3 key operational challenges:

• How to standardise and extract data to enable efficient rate, quote, bind and policy issue
• Overcome the practical operational and technology challenges to enable change
• Where will automation and other advanced analytics capabilities positively impact London market operations?

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