2026-08-18 · Source: Insurance Business UK
Summary in 3 Points • Lloyd's shelved its Blueprint Two digital marketplace initiative in March 2026 • AEGIS London launched a cross-class digital follow consortium with Augentic • The consortium allows brokers to access follow capacity across multiple lines in one placement --- Lloyd's abandoned its Blueprint Two project, a centralised digital marketplace for placement and processing, in March 2026. In its place, syndicates and brokers are developing bespoke digital solutions. AEGIS London, in partnership with Augentic, has launched a cross-class digital follow consortium. This facility allows brokers to access follow capacity across AEGIS London's open market business in Property, Casualty, and Specialty lines through a single digital arrangement. This approach reduces the friction of negotiating separate placements for each class. The consortium is a significant structural commitment, offering a more open structure than previous digital follow arrangements, which were typically built around a single lead-broker relationship.
The shift towards bespoke digital solutions like AEGIS London's consortium could influence underwriting and policy wording by streamlining multi-class placements. This may lead to more efficient pricing and reduced exposure for complex risks, as pre-agreed terms and protocols are established in advance. The London market might see increased competition among syndicates to develop similar digital facilities, potentially impacting claims handling and broker relationships. However, the success of such initiatives will depend on broker adoption and whether they enhance the market's digital trading capabilities beyond simpler placements.