211: Unlocking capital at Lloyd's: Evolution of London Bridge ILS platform - Artemis London 2026

This episode features the first panel discussion of the day at Artemis London 2026, a session focused on the the Lloyd's ILS structure London Bridge, from our fifth catastrophe bond and insurance-linked securities (ILS) conference in the City of London, UK, held on September 1st 2026. 

This panel session was titled “Unlocking capital at Lloyd’s: Evolving use-cases of the London Bridge ILS platform,” and was moderated by Ed Saul, SVP, Senior Client Partner, Artex Capital Solutions. He was joined on stage by panellists: Angus Jordan, Senior Manager London Bridge. Chairman, London Bridge 2 and LB Risk PCCs, Lloyd's; Lauren Johnson, Head of Funds at Lloyd’s, Acrisure Re Corporate Advisory & Solutions; Deepon Sen Gupta, Head of Capital Partnerships, OAK Global; and Perry Thomas, Chief Executive Officer, Flood Re. 

This session explored the evolution and strategic expansion of the London Bridge insurance-linked securities (ILS) platform within the Lloyd’s insurance and reinsurance market. 

Speakers discussed why insurance-linked securities technology is gaining traction within the Lloyd’s ecosystem. Subjects touched on included the capital efficiency of Funds at Lloyd’s, noting their attractiveness to institutional investors due to efficiency in accessing business and Lloyd’s historically strong and diversifying returns. 

The discussion highlighted recent innovations, including catastrophe bonds issued under London Bridge and the use of Letters of Credit to optimise capital stacks. 

Looking forward, the panel identified potential growth opportunities for the London Bridge ILS platform in sidecars, excess of loss covers, and more flexible reinsurance structures. 

Ultimately, the session emphasised how London Bridge serves as a vital enabler for diversifying capital sources within the Lloyd’s market and how this can support creative underwriting and business expansion, as well as discussing the potential for enhancement of the opportunities available through regulatory collaboration. 

Listen to this discussion from our Artemis London 2026 conference to learn more about the evolution of investing into the Lloyd's insurance and reinsurance market using its London Bridge ILS structure.