Find out more www.altus.co.uk +44 (0)1225 438 000 enquiries@altus.co.uk Case Study: Lloyds Banking Group: Integrate... and then innovate... KEY METRICS (2012) • 6.1m Policies in-force • 5500 Emp lo y ee s • 12 L oc ation s BACKGROUND The integration programme following the merger of Lloyd’s TSB and HBOS was reported to be the largest IT transformation in European banking history. Having successfully completed it, Lloyds Banking Group then had to focus on delivering a strategy for the next 5 years. With the IT integration taking up vast amounts of time and resource over the best part of 3 years, the Insurance division had had little opportunity to focus on the next stage of modernising the business. Their industry peers had moved on in that period and it was now time to catch

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