By Rebecca Delaney

July 21 - (The Insurer) - Lloyd's transformation director Matt Unsworth has exited the Corporation's operations team responsible for overseeing the delivery of the Blueprint Two programme following changes to its leadership structure.

Unsworth assumed the role of transformation director, market and operations in May 2023. He joined Lloyd's following four years at Aon, latterly as chief operating officer for commercial risk UK.

A Lloyd's spokesperson said there had been some recent changes to the operations structure and leadership team with the aim to increase efficiency across back-office operations.

"Following the successful completion of the core build earlier this month, Matt Unsworth has decided that this is the right moment for him to step down from the Blueprint Two programme," said the spokesperson.

John Neal signed off from his tenure as Lloyd's CEO on May 30 by confirming in a LinkedIn post that the core technology build of Blueprint Two had been completed.

The build consists of 12 cloud-based applications, which Velonetic CEO Bob James had predicted would be completed by the end of May when he spoke to The Insurer in April.

Matthew Gouldstone, operations transformation director, will assume responsibility over the Blueprint Two programme and workstreams at Lloyd's. Gouldstone joined Lloyd's in December last year following 15 years at QBE, most recently as group head of technology strategy.

Going forward, Gouldstone and the Lloyd's programme team will continue to work with Velonetic, DXC Technology, the Lloyd's Market Association and the International Underwriting Association to deliver the market modernisation agenda.

The Insurer reported in March that the phase one cutover of Blueprint Two will not take place during 2025 as originally anticipated. The circular sent to senior market figures did not provide a new cutover deadline or any indication as to when completion may take place.

“Although we're making good progress with completing build, the new sequential testing approach, combined with the estimated time it will take to get through all aspects of testing, will result in cutover not taking place during 2025,” said the letter, signed by Unsworth alongside James and Velonetic COO Callum Gibson.