The Scale Paradox

Delegated Authority now accounts for more than 40% of Lloyd’s GWP and is expected to exceed 45% by 2027. But there’s a problem.

As DA scales, where are the economies of scale?

Our latest whitepaper, The Scale Paradox, challenges the conventional diagnosis that DA’s operational problems are primarily a data and standards issue.

The argument is simple: data matters, but data alone doesn’t create control.

The paper explores whether the Lloyd’s market is missing a critical layer of infrastructure — one that enables managing agents to exercise meaningful control across increasingly large and complex delegated portfolios.

The paper also explores how managing agents can move from simply processing delegated data to actively managing delegated authority at scale — with better visibility, stronger control and infrastructure designed around the realities of today's binder estate.

Download it. Challenge us. Tell us what you think.