Computable contracts: paving the way for a digital insurance industry?
If you work in insurance, you’ll know that Lloyds of London is an expensive place to do business. Its CEO, COO and Chairman have all emphasised their intention to drastically cut costs to ensure it remains the go-to specialist insurance market. To achieve this aim, Lloyds has published its Blueprint One and Two strategies, both of which focus on the digitization and automation of its commercial insurance market.