Syndicates see ‘tangible results’ from digitalisation
WTW survey of 49 syndicates representing around 85% of the Lloyd’s market finds group 'racing ahead' with technological adoption had an aggregated 2022 COR of 89%, 'mobilising' group's was 93% and 'getting ready' group's was 95%
Lloyd’s syndicates furthest along their digital transformation journey are achieving combined ratios six points better than those that have yet to start, survey finds