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Apr 2021

Lloyd's launches Futureset, a new global platform

Source: Middle East Insurance Review | Mar 2021

Lloyd’s has launched Futureset, a new global platform and community dedicated to driving greater societal and economic resilience to the world’s most challenging risks.
According to a media release by Lloyd’s, the global platform has been developed in response to the large and complex challenges and impacts arising from the COVID-19 pandemic.
The pandemic has brought up an urgent need to begin a new, connected conversation with customers, insurers, and government to tackle the challenges these risks bring.
Lloyd’s said, “By bringing together diverse perspectives, and through cutting-edge risk insight, intelligence, and cross-industry dialogue on the most complex and fast-changing risks faced by communities, businesses and countries, Lloyd’s Futureset aims to build greater societal understanding and collaboration to find solutions and support greater preparedness, protection and resilience to the growing and interconnected risks that customers face today, and into the future.”
Lloyd’s CEO John Neal said, “The COVID-19 pandemic has shown that a hypothetical systemic risk, is never far from becoming a reality and that we must do everything we can to prepare and mitigate against the worst impacts of the constantly changing and challenging risk landscape.”
Throughout 2021, Futureset will focus on the landscape of systemic risks, including exploring lessons learned from the COVID-19 pandemic, as well as examining the growing and global risks brought about by climate change.
Futureset will convene global experts and partner with world-class research organisations, creating new and pioneering insights to drive sustainable solutions to current and future threats around the world.
The platform will launch with a six-part systemic risk masterclass series, developed in partnership with the Chartered Insurance Institute and Lloyd’s Market Association.
The masterclass series will bring together experts across industry, academia and government to help insurance and risk professionals develop their knowledge and expertise in systemic risk. M 
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