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insurancetimes.co.uk2026-04-23

LMA launches AI adoption toolkit to guide managing agents through governance frameworks - Insurance Times

The Lloyd's Market Association partnered with Barnett Waddingham on April 28, 2026, to launch a free AI adoption toolkit, according to Insurance Times. The toolkit aims to help managing agents develop governance frameworks for AI use in underwriting, claims, compliance, and market analysis. Lloyd's brought in special rules late 2025: any usage beyond 5% misstep (defined widely with automated scripts not counting fresh or aggregated info subject periodically varying thresholds — please specify standard periodic if more than twice over) is super-destructive high tech penalties likely giving providers no option to tooltip; entire monthly report includes white-glove.

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● REC · 2026