Lloyd's of London News
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NewsStartup to launch new AI underwriting platform as it looks to tackle ‘impossible market’
’We want to work with the market for the next 10 years and be the defining generative AI underwriters,’ says chief executive
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NewsAcrisure-owned MGA appoints new non-executive director
’We are thrilled to have someone with his expertise, knowledge and relationships,’ says chair
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NewsBackchat: June 2025
Contributor makes councilman, Southgate selfie frenzy at 2025’s Biba Conference, professionals pass muster at terminology testing and cyclists collect for charity. What has the insurance industry been up to of late? You heard it here first…
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NewsTurk steps up at Lloyd’s as Tiernan outlines new executive team
’This group has the right mix of skills, experience and focus to ensure that we remain true to our mandate of supporting and stewarding the market to commercial success,’ says new chief executive
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NewsNeal thanks colleagues for helping ‘turn the great ship of Lloyd’s around’
’Together we have worked tirelessly to restore Lloyd’s to its world-leading position,’ says departing chief executive
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NewsTiernan shares vision for Lloyd’s on first day as chief executive
’As a market, we must be open to new risks, new assets and new frontiers,’ says chief executive
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NewsLloyd’s specialty insurer appoints new deputy head of digital underwriting
The appointee’s ’commitment to finding new solutions for customer problems will be key’, says head
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NewsEx-Aviva leader appointed new Lloyd’s chief executive
’My primary focus will be supporting the commercial success of our market participants, while keeping an iron grip on underwriting discipline and safeguarding the financial strength of the corporation,’ says new appointee
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NewsOver one-third of London market firms use AI, but concerns hinder adoption
‘We have a chance to consider how the complexities of the London specialty market can be a magnet, rather than a barrier, for deployment of intelligence as a service’ says consultant
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NewsLMA launches claims awards to recognise talent in the Lloyd’s market
’Challenges with attracting and retaining talent have been consistently raised amongst our community,’ says claims director
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NewsLondon market bodies launch misconduct training programme after FCA request
’The workshops are designed to equip key stakeholders across the insurance sector with the knowledge, tools and strategies needed to enhance workplace culture, governance and compliance with FCA expectations,’ says chief executive
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NewsLloyd’s reports 2024 underwriting profit drop as COR increases
However, the marketplace also revealed that GWP increased 6.5% year-on-year
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NewsLloyd’s chair says risks posed by space weather presents ‘significant threat’
’If we are to underwrite the risk, we must understand it,’ says chair
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NewsAviva hopes to create ‘standout specialty market’ in 2025 using Probitas purchase
Last year’s M&A transaction has enabled the united company to write ‘accounts that neither Aviva nor Probitas on their own would have written prior to [the] deal’, says UKGI chief executive
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News‘Watch this space’ – Aventum-owned MGA hints at further Lloyd’s expansion
’As we onboard new teams and expand our underwriting capabilities, our need for additional box space at Lloyd’s will naturally grow,’ says managing director
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NewsLloyd’s ‘re-evaluating cutover strategy’ for phase one of Blueprint Two
’We’re re-evaluating our cutover strategy, exploring all possible options to segment cutover into smaller, more manageable components,’ says spokesperson
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NewsLloyd’s of London appoints new chief financial officer
’She is a well-respected member of the executive committee and I have no doubt she will continue to deliver against our strategic priorities as chief financial officer,’ says chief executive
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NewsLloyd’s leader issues Blueprint Two update after implementation delays
’It is a vital programme for the market,’ says deputy chief financial officer
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NewsCarbon Underwriting announces new chief financial officer
’His extensive market experience will not only bolster our financial leadership, but also guide us through the opportunities ahead,’ says founder and chief executive
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NewsLloyd’s appoints new council member
’He has a deep connection with Lloyd’s, having worked in the London market for 12 years,’ says chairman
