Lloyd’s has laid out its strategic blueprint for the next three years, with regulation, evolution and competition the key buzzwords.

In order to support its own market position, Lloyd’s aims to ensure London remains a competitive financial services centre, identifying improved operating conditions and sensible regulation as key factors.

Promotion of Lloyd’s messaging hub “the Exchange”, transforming claims handling and improving access to business round out the list of priorities.

“This is about evolution, not revolution,” Lloyd’s CEO Richard Ward said. “In 2010 we will be absolutely focused on underwriting and risk management and in preparing for the introduction of Solvency II.”