Recent Partnerships Lloyd's has recently partnered with Delos and AON, expanding coverage availability and introducing a financial mechanism for disaster response. Leveraging these partnerships can lead to cross-selling opportunities and new revenue streams.
Key Personnel Changes With executive changes such as Hank Watkins stepping down and Dawn Miller taking over as CEO and chief commercial officer, engaging with the new leadership presents an opportunity to pitch new products or services tailored to their strategic direction.
Market Expansion Initiatives Collaborating with the United Nations Capital Development Fund to improve insurance access in climate-vulnerable countries showcases Lloyd's commitment to sustainability. This initiative opens doors for offering specialized insurance solutions to these regions.
Technology Adoption Utilizing a tech stack including Microsoft SQL Server Analysis Services, Power BI, and iOS, indicates Lloyd's focus on innovation. Offering tech-centric solutions that complement their existing infrastructure can be a compelling sales proposition.
Addressing Industry Issues Facing challenges related to disputes over liability, especially evident in the Baltimore bridge collapse case, presents an opportunity to provide risk management and claims solutions that streamline the claims process and mitigate disputes, setting Lloyd's apart in the industry.