London Market Analysis
Lloyd’s to set ethnicity targets to combat culture concerns
The market’s chief executive emphasised that Lloyd’s was keen to ‘create an inclusive and inspiring culture for all’
Aon-WTW merger – a Gordian Knot the market has yet to fully unravel
The $30bn broker mega-merger of Aon and Willis Towers Watson is making slow progress towards completion. However, the market is still struggling to understand what impact it will have for the future
London Market is ‘less competitive than it should be’ – Founder Shield
New York-based broker says the London Market ‘is showing a lack of agility’ and that ‘fewer opportunities will come’ to the capital unless it starts ‘taking more bets with slightly longer odds’
In Focus: Commercial brokers have ‘felt the pain’ for Covid-affected clients – McCarron Coates
Insurance Times sits down with commercial wheels broker McCarron Coates to explore how the Covid-19 pandemic has impacted its clients and what the sector can expect moving forward
What will the post-lockdown London market look like?
The Covid lockdown has forced London market members to re-assess what the purpose of a physical office is
Building back better with simpler insurance products
The Covid-19 pandemic has created the need for an overhaul of insurance, but the industry must make sure that the products it creates in response are fit for purpose
US private equity firm buys majority stake in broker Specialist Risk Group
SRG has a pipeline of acquisitions planned for next year on the back of its fresh investment
The ‘single biggest challenge’ for brokers is capacity says Miller boss
Broker chief executive explains that ‘we’re having to work much harder for our clients to make sure we get them the deals done that they need’
Covid-19 pandemic exacerbates opioid crisis as claims surge again
With the Covid-19 pandemic still ongoing, there has been a surge in claims for opioids. Sedgwick’s senior medical officer tells Insurance Times why the situation has worsened and what the loss adjustor has been doing to tackle it
Blueprint Two is Lloyd’s ‘rubber hits the road moment’ – John Neal
Private equity investment set to bring ‘significant firepower’ to Miller
The Big Question December 2020: What challenges and opportunities do you expect for 2021?
Blueprint opens door to Lloyd’s for greater broker access
Opinion: Could Covid be hastening the end of brokers going into Lloyd’s to place business?
Covid-19 evolves role of the broker in insurance – Novidea
Briefing: Lloyd’s results revealed a big Covid-19 hit, but under the surface things may be looking healthier for the market
Delegated authority agreements: What are the red flags and long-term fixes?
Lloyd’s John Neal reflects on ‘huge impact’ of pandemic but commends market’s achievements
‘Keen to make acquisitions’ – Gallagher chiefs discuss M&A strategy
The Rooney Rule: Could it improve the recruitment and retention of ethnic minorities in insurance?
London Market sectors swerve direct Covid claims due to lack of non-damage BI extensions
Briefing: Is Beazley plotting its route to success post-corona?
The Big Question July/August 2020: What lines of business will harden or be most exposed following Covid-19?
The history (or mystery) of the broker remuneration debate
London Market News
Hiscox faces 2021 with renewed optimism despite challenging year
In a briefing call with journalists this morning following the publication of the insurer’s year-end financial results, Hiscox’s chief executive revealed the firm will be reinstating its dividend as its ’first priority’
Hiscox records loss before tax of $268.5m in 2020 due to Covid impact
The insurer has reserved a total $475m to cover the costs of the pandemic as profits plummet – chief executive labels last year’s performance as ‘not satisfactory’
Lloyd’s culture survey underlines need to implement racial inclusivity steps – ACIN
Despite the market’s progress in improving inclusivity, ACIN says there is still a long way to go
Lloyd’s plans underwriting room reopening
The market further plans to ‘fully adopt’ flexible working from 21 June
