Lloyd's of London News
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Maksure approved as Lloyd’s registered broker
’We are truly honoured with the Lloyd’s approval,’ says managing director
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Rokstone launches D&O limit of indemnity calculator to support brokers
’We are thrilled to offer this open access resource to brokers,’ says head
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Neal issues Blueprint Two update after phase one delayed
’[We] will continue working alongside the market associations to ensure we can safely deliver phase one,’ says chief executive
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Lloyd’s reports 2023 profit surge and ‘strongest’ COR since 2007
’The results we’re reporting today are our best in recent history,’ says chief executive
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Lloyd’s Lab unveils America-focused cohort 12
’The lab’s recent success with region specific themes further validates the work of the lab,’ says senior manager
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Backchat: March 2024
Discretionary motor commissions, an arty insurer, insuring love and a new climate protest group targeting the industry. What has the insurance sector been up to this month? You heard it here first…
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Lloyd’s Tiernan urges caution despite record 2023 underwriting profits
’Without any doubt, we must deliver adequate returns,’ says chief of markets
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Lloyd’s of London improves COR by nearly eight percentage points in 2023
’We continued to see sustainable, profitable growth and performance,’ says chief financial officer
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PPL hires ex-London Stock Exchange boss as chief executive
’He’s uniquely placed to lead PPL’s digital transformation,’ says chairman
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Lloyd’s appoints new general counsel
’She has built a strong reputation among her colleagues in the corporation and throughout the market,’ says chief executive
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Marsh expands D&O Echo facility coverage
’D&O Echo provides clients globally with substantial capacity without being over-exposed to a single insurer,’ says UK management liability leader
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US-owned Trawick International acquires controlling stake in UK-based broker
’Trawick is in an unprecedented period of expansion,’ says president and chief executive
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Hiscox aiming to enhance customer service with AI
’Optimism should be tempered with awareness of the risks,’ says senior manager
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Asta receives Lloyd’s approval to deliver clinical trial funding insurance
’Clinical trial funding insurance is a revolutionary new insurance product that has huge unmet demand,’ says chief executive officer
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IT Interview
Mike 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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Generative AI’s impact on the insurance industry and consumer – Lloyd’s
’A common theme in AI discussions is to say technology is not new to the insurance industry,’ says senior manager
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Envelop Risk and Apollo launch cyber reinsurance Lloyd’s vehicle
’We are strongly positioned to enable more insurers to safely realise the vast opportunity that cyber presents,’ says chief executive
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AI ‘double-sided coin’ that needs ‘experiment-led approach’ in insurance
’We can’t be too eager to implement attractive solutions that might leave our customers or markets exposed,’ says senior manager
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Face-to-face trading in underwriting room key for 2024 – Liiba
’It is the key thing the next generation of market leaders want to see,’ says Liiba
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Lloyd’s unveils first 144A catastrophe bond on London Bridge
’This is another important milestone for this strategically important risk transformation vehicle for the Lloyd’s market,’ says chief financial officer