Lloyd’s Europe, your hub to keep trading and to open up access open up access to new business opportunities
As we come to the end of the UK’s transition period, regardless of the political outcomes, we have a very promising message for our distribution partners. We have the structure and the team in place in Lloyd’s Europe, to keep trading and to open up access to new business opportunities.
We are fully committed to our distribution partners to make the Lloyd’s market and Lloyd’s Europe, not only the most technologically advanced insurance market place but your preferred market for specialised insurance.
Our main goal is to continue to provide our EEA customers with the quality and continuity of service that they expect from Lloyd’s and Lloyd’s Europe and our three overarching priorities of performance, strategy and culture remain core to everything we do.
Our focus is on making it easier, faster and better to do business. Lloyd’s Europe is already the largest user of structured data in the market, so we are well-placed to use data better and the leadership team in Brussels is providing direct input into the Future at Lloyd’s workstreams.
Sonja Rottiers CEO Lloyds Europe
We’re focusing on increasing Lloyd’s business in Continental Europe by supporting our distribution partners, making it easier to place your business into Lloyd’s.
One of the ways we are doing this is by enhancing our business model.
We now have a more efficient, streamlined and resilient operating model to better support local markets and improve operational excellence. We’re not finished with this work and you will see more developments and enhancements as we go into 2021.
This enables our teams across Europe to develop our distribution network, embrace technology and digitisation to make it easier to do business with Lloyd’s, add more value for the market and enhance the local customer experience.
We are well-positioned by the strength of the relationships we have with key stakeholder groups and associations, in terms of Lloyd’s broader European proposition as we look to further develop the platform.
Today is not just about the model itself but what we’re doing with it. We have a great European leadership team, operating one strategy, in a way that wasn’t possible before.
This is so that we can continue to support our European Coverholder network every day and help you to access the Lloyd’s exceptional expertise and specialization.
The EEA non-life insurance market has a lot of potential for growth for Lloyd’s. Liability classes of business, cyber in particular, are the fastest growing lines of business for Lloyd’s in Europe, and as the global cyber leader Lloyd’s is best placed to lead future growth.
When you also factor in the post-lockdown COVID-19 environment and new hybrid working practices with increased reliance on technology platforms you can see how demand for risk solutions in this area will increase. Lloyd’s Europe is well placed to help businesses, communities and economies build resilience and mitigate risk.
Lloyd’s Europe is our platform for sustainable and profitable growth and our solution for EEA business to be placed in the Lloyd’s Market
As business partners, my team and I will support you every step of the way – and we look forward to working with you to build a successful future for us all.