John Neal recognises the essential role of connectivity. We need vendor suppliers to help design and build the glue first not as an afterthought.
System to system connectivity - from registering Binders on Chorus, sending declarations or bordereaux to Tide, place your quotes and risks to underwriters on your choice of placing services through to notifying premium and claims financial movements to Xchanging.
It's not a case of more portals, when you already have a flexible, secure, and robust core system helping you run your entire business, from quote to final accounts and everything in between. It's now about focussing on how that system talks to the other various initiatives, not just Lloyd's but systems accross the global industry.
Is John Neal's focus the eureka moment we technologists have been waiting for? If so what tangible support are in his plans to get this default position a reality?
“We have to develop tech that connects in and out of systems,”