Lloyd's of London Analysis – Page 2
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News AnalysisThe Big Question: How would you describe Blueprint Two’s progress so far and is it on track to support the market efficiently?
Insurance Times asks experts about the progress of Blueprint Two and whether the digital transformation programme will be effective
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News AnalysisTechTalk: Climate change focused insurtechs support insurers to ‘insure the uninsurable’
Industry needs to ’adopt new technologies to future forecast’ because developing climate change risks are ’harder to insure as you can’t rely on historical data’, says senior manager
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News AnalysisFCA battling ‘snitches get stitches’ mindset when it comes to non-financial misconduct
’We can sit here and say ‘oh, it is a terrible culture,’ but what are we going to do about it?’ asks member of parliament
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News AnalysisBriefing: Industry needs to deliver clarity on climate approach
The insurance market is perceived to be blocking progress around climate change due to providing insurance for fossil fuel projects – however, the situation may be more complex than protestors realise
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IT InterviewBob James: Lloyd’s prefers sector-wide ‘criticism’ of project delays instead of unsafe Blueprint Two delivery
’I would rather take criticism [about the delay of Blueprint Two] then push the date and have a platform that has a flaw that [would] be problematic,’ says chief operations officer
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IT InterviewMike Latham: Talent gap threatens service quality
’The insurance industry has to raise awareness and increase the knowledge of what insurance is all about,’ says chief executive
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News AnalysisCyber criminal malice shifts away from Russia and Ukraine
‘Cyber threats reach beyond physical and economic disruptions to undermine societal trust, particularly in governments and the economy,’ says report
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News AnalysisLloyd’s of London acknowledges historical connections to slave trade – but is the response sufficient?
Lloyd’s ’is holding its hand up and accepting responsibility for their involvement’, says chief executive
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IT InterviewDavid Flint: Lloyd’s of London’s first black broker
’It’s never nice to think that someone may dislike you because of your skin colour,’ says chief executive
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News AnalysisTechTalk: AI uptick could see firms needing insurance to cover ‘mishaps’
While the onus for responsible use of AI currently lies with the regulator, should the insurance sector be addressing these concerns as a matter of priority?
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IT InterviewInga Beale: Insurtechs bring ‘freshness of approach’ but diversity comes hand-in-hand with digitalisation
The former Lloyd’s chief executive explains how the two Ds of diversity and digitalisation overlap
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News AnalysisIndustry’s reckoning over inclusive policies presents an opportunity for progress
Equity’s programmes have ”helped connect new joiners, develop and advance experienced hires and expand the reach of insurance into new areas,” says Lloyd’s chair
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News AnalysisLloyd’s market ‘very much at risk’ from lessened underwriter attendance
To flourish, the Underwriting Room and market participants need to ‘get that trading mojo back’
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News AnalysisOngoing macroeconomic challenges prompt insurtechs to demonstrate their value
As profit margins continue to be squeezed in today’s difficult economic climate, the insurtech sector must ensure they are adding value through the propositions they are putting forward
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News AnalysisBriefing: Is the London market’s international competitiveness under threat from hybrid working?
A new CII report has added credence to widespread chatter that flexible working is harming the long-term prospects of the London market
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News AnalysisBriefing: Has Lloyd’s really banned underwriters from insuring state-backed cyber attacks?
Attribution, degree of damage and the insured’s ability to bounce back are all challenges that cyber insurers must continue to wrestle with
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News AnalysisBriefing: Lloyd’s of London’s NHS plan flies in the face of rising exposure fears
You would be forgiven for thinking the last thing the industry would do is seek to increase its exposure to a future pandemic
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News AnalysisBriefing: Lloyd’s breaks silence on Blueprint Two advancements - but is ‘steady progress’ enough?
Amid the market’s announcement about a new chief operating officer, some industry professionals are questioning the pace of digital transformation at Lloyd’s
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NewsBriefing: Cyber clarity move may encourage underwriters to byte
Although the insurance industry may not have the ‘muscle memory’ to react to a major cyber event, Lloyd’s of London’s attempts to clarify cover around state-backed attacks could present opportunities for brokers
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News AnalysisData holding back industry’s efforts to implement social mobility career strategies
While the insurance sector is aggressively addressing imbalances around gender and ethnicity in the boardroom, its strategy on social mobility is seemingly far less advanced – despite the war for talent
