With $1 billion in turnover and 7,100 employees globally, classifi cation society Lloyd’s Register is on a mission to grow. Earlier this summer it tapped Kevin Humphreys to lead its Americas business, which includes 30 offi ces in 14 countries, 571 employees and about $60 million in annual revenue.
A key focus area for the group is in the digital realm. “One of the places we’re investing signifi cantly is platforms, digital platforms, both on our internal processes, and as that fl ows out to the external processes for our customers. We want to be able to deliver bread-and-butter services to our customers seamlessly, painlessly and effi ciently,” said Humphreys, LR’s Marine and Offshore President. “How do I squeeze out effi ciencies? How do I reduce emissions? How do I have compliance that’s fair and equitable across the board? Digital technology help to do that and more.”
“One of the biggest things is remote surveys. Of the approximate 30,000 surveys that we do in a year, about a third of those are done remotely via video feeds and remote inspections. This is where we’re leveraging that technology to get the job done and to make it much more effi cient,” Humphreys added. “You’re going to see more and more digital data coming in from various engine OEMs and process equipment OEMs, digital data that’s aggregated in a core platform that your class society will be able to use in the course of inspections and risk management.”