The Lloyd’s Market Association has teamed up with Barnett Waddingham to provide an AI adoption toolkit that helps managing agents create robust governance frameworks for their use of artificial intelligence. The LMA says the toolkit aims to enable users to be more structured in their adoption of the technology.

The toolkit focuses on five areas: governance and accountability; risk tiering; data protection, security and intellectual property; training and awareness and pragmatic adoption.

Sanjiv Sharma, head of actuarial and exposure management at the LMA, said: “As AI adoption continues to develop across the Lloyd’s market, the focus is increasingly shifting towards how it is implemented and governed in practice. The toolkit is designed to provide practical guidance to help firms embed appropriate controls early, manage risk effectively and scale adoption in a structured way.”

Wan Heah, partner and head of general insurance at Barnett Waddingham, added: “Firms are moving beyond experimentation and starting to embed AI more broadly across their operations. The challenge now is ensuring that governance frameworks keep pace with increasingly complex use cases. This toolkit is intended to support firms in navigating that next stage.”