10 June 2008

Detica Group plc today announces that it has signed an agreement with Lloyd's, the world's leading specialist insurance market, to support Lloyd's in upgrading its capital modelling infrastructure as part of its strategic "Capital Systems Upgrade" (CSU) programme.

The Detica team will work in partnership with Lloyd's IT Group. The partnership will deliver improved data management within an integrated set of capital modelling systems currently under development. The CSU programme is a key initiative in Lloyd's three-year plan to demonstrate that the capital advantages of conducting business at Lloyd's outweigh the costs of mutuality thus placing Lloyd's as the platform of choice for both insurance and reinsurance buyers and sellers.

Detica will deliver improved data integration, data warehousing and information management processes and technology, through Lloyd's existing platforms, utilising its expertise in delivering Information Management Excellence solutions for leading financial services institutions.

Veekash Badal, Senior Manager of Market Reserving and Capital at Lloyd's, commented: "This is a key project for Lloyd's and we chose Detica as our data technology partner because of its information intelligence specialism and our confidence in Detica's ability to deliver."

Max Richter, Senior Manager at Detica, commented: "Detica is delighted to be applying its information intelligence expertise in supporting Lloyd's with this strategic initiative. Our team has the right mix of specialised technology skills and deep business domain knowledge to make this project a success."

Sally Clift or Rachel Ringstead Porter NovelliTel: +44 (0)207 853 2222email: or