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"All twelve of the InsurTechs we have selected bring something different and unique. I am thrilled to be working with some of the brightest and best talent from the InsurTech sector to help the Lloyd's Market to develop new ideas that better serve our customers by developing solutions to the problem they face today," Trevor Maynard, head of innovation at Lloyd's, said in a statement. (Photo: The Associated Press/Alastair Grant) Looking ahead, Watkins laid-out an overview of the 6-pillar blueprint at Lloyd’s to evolve that was developed in 2019.(Photo: The Associated Press/Alastair Grant)

During the 2020 Virtual Annual Marketplace hosted by the Wholesale & Specialty Insurance Association (WSIA), Lloyd’s presented a market update on its business operations, corporate initiatives and loss numbers in 2020 so far.

Paul Brady, head of policyholder & third-party oversight, and Hank Watkins, regional director and president for the Americas, moderated the webinar, which highlighted the company’s initiatives to create “the world’s most advanced insurance marketplace.”

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