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Discover the insights, challenges and recommendations emerging from our latest market study on AI and data standards, and explore what they mean for the future of specialty insurance. Artificial intelligence is transforming specialty insurance, but successful adoption depends on more than technology alone. Our 2025 market study explores the relationship between AI, data standards and operational readiness through industry research and expert perspectives. Designed for insurer

Delegated authority now represents more than 40% of Lloyd’s gross written premium and over 10% of the UK general insurance market (Deloitte). Yet much of the operational infrastructure supporting that volume still depends on spreadsheets, email chains, manual reconciliations, and disconnected workflows. The result is not simply inefficiency; it is operational drag at market scale. The London Market is estimated to spend more than £800 million annually on operational burdens s

Why are insurers moving away from monolithic core systems? For nearly two decades, insurance modernisation followed a predictable formula; consolidate systems, centralise workflows, and push more operational capability into a single core platform. The Policy Administration System became the centre of gravity for underwriting, administration, reporting, integrations, and operational control. Now the market is moving in the opposite direction. The rise of “Skinny PAS” architect

A bordereau (plural: bordereaux) is a structured report used in insurance to list risks, premiums, or claims under a delegated authority agreement. It’s submitted by a coverholder or third party to an insurer or reinsurer, typically on a monthly or quarterly basis. In practice, bordereaux are not standardised. They vary widely in format, structure, and data quality, which is where most operational problems begin. Bordereau Definition: Understanding Bordeaux and their role in