Lloyd’s to offer transition phase with ‘carrot and stick’ approach for BP2 reforms
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Lloyd’s to offer transition phase with ‘carrot and stick’ approach for BP2 reforms

Marcel Le Gouais
28 July 2021
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Lloyd’s has told managing agents they may be offered “a year or two” to move over to new digital platforms now being designed and built under Blueprint Two reforms, with the Corporation employing a "carrot and stick" approach to encourage adoption.

In a webinar this afternoon on Lloyd's progress some six months after multiple Blueprint Two projects were initiated, the Corporation pledged to offer managing agents some flexibility around the implementation of changes, as it confirmed it was on track...

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Topics

News Lloyd's London market
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Marcel Le Gouais
Deputy Editor
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