Lloyd's of London News – Page 5
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Innovative Risk Labs enters Lloyd’s market
’We can now collaborate on new opportunities without the need for third-party brokers,’ says chief executive
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Lloyd’s, Aon and VIG team up to support Ukraine’s recovery and reconstruction
’We can help strengthen Ukraine’s economic resilience as it recovers and rebuilds,’ says chief executive
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Lloyd’s of London responds to young brokers’ underwriting room concerns
New research revealed that the majority of young brokers wanted their working life to comprise of at least 50% face-to-face trading with underwriters
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Lack of underwriter presence at Lloyd’s ‘point of contention’ for young brokers – Liiba
‘It is embarrassing if there are more underwriters in Leadenhall market than there are at the box,’ one broker stated
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Revealed: Claims Excellence Awards 2023 – winners and reaction
There were some lucky double winners and some firms picked up their very first Insurance Times Claims Excellence Award at our hottest awards so far – was it you?
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Lloyd’s appoints Beazley veteran as new CUO
The new appointment ’will be a huge asset to Lloyd’s as we continue to enhance the performance of our market,’ says chief of markets
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Lloyd’s of London proposes to insure NHS for unexpected costs
Lloyd’s chairman says one challenge the government has is ’around peak demand in the NHS relative to NHS budgets’
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Lloyd’s joins Biba as official partner
‘We will continue to work with Lloyd’s on issues relevant to both the Lloyd’s market and wider cross-industry issues to benefit all members,’ says chief executive
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Superscript launches new initiative to aid crypto miners access property insurance
Account manager says tough 2022 made it more evident that there is a ’need for comprehensive insurance’
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Lloyd’s Market Association announces members for new committee
’The members are a fantastic group of experts,’ says underwriting director
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Limited use of cyber insurance for public financial entities as new policy comes into force
’It’s quite costly for them,’ says associate
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Lloyd’s Lab names the 13 insurtechs to join cohort 10
’I’m excited to see the dynamism and output,’ says senior manager
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Lloyd’s explains cautious 2023 COR projection despite strong performance
’I believe it’s better to give guidance that is really achievable,’ says chief financial officer
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Lloyd’s of London provides Blueprint II progress update after ‘great’ 2022
’2023 will be an important year for the delivery of Blueprint II,’ says chief executive
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Lloyd’s Lab reveals insurtechs in tenth cohort pitch day
’The insurance sector and innovation have to some moved at a slow pace – with the industry being conservative in nature and therefore slow to embrace change,’ says Altus non-executive director
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Lloyd’s of London reports strong COR despite headwinds causing ‘substantial claims’
’Looking to 2023, we expect strong premium growth,’ says Lloyd’s chief executive
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Activists hold fossil fuel protest at Lloyd’s of London
’Underwriting dangerous fossil fuel projects puts children at risk’, according to a Mothers Rise Up activist
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Lloyd’s makes senior management changes to drive transformation progress
The changes will see Burkhard Keese revert to the position of chief financial officer
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Lloyd’s chief of markets adamant that ‘strong’ market conditions present ‘a lot of opportunities’
The marketplace says it expects current conditions to put ‘upward pressure on profitability, not GWP’
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Slow claims payments on subscription-based business must be improved – Lloyd’s claims director
Collecting these payments can become ’convoluted for the broker’, she added