Lloyd's of London News – Page 15
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Syndicate 1856 to underwrite new business lines amid multi-line transformation
ERS’s group chief executive says that ‘the current environment has created a hardening market with reduced capacity’
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Cultural change ‘silver bullet’ is ‘leadership accountability’
Expert panel agrees that ‘it’s a really powerful point in time for us to step up’ around equality, diversity and inclusion as ‘words are not enough’
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Backchat May 2021
A new bot on the block, car insurers tapping into the power of TikTok and Lloyd’s of London reconsidering its dress code. What has the insurance industry been up to this month? You heard it here first…
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‘Clear road ahead’ for digitising London market following Covid-19 pandemic
‘Choice is the most important thing’ for employees of the future, meaning ‘exceptional digital tools’ are needed
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Is this the future for Lloyd's? Digital syndicate in successful start
Ki has also developed and released its first broker API to allow brokers to integrate digitally with the syndicate’s algorithm
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CFC inaugurates new Lloyd’s Syndicate
The launch hopes to bring emerging and digital economy risks into the Lloyd’s market
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Extinction Rebellion dumps fake coal at Lloyd’s in fossil fuel protest
The action marks the first protest for coalition Insurance Rebellion, which is targeting Lloyd’s
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Apollo makes senior hires as part of long-term growth plan
The hires will help develop innovation at the (re)insurer
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More diversity competence and awareness in hiring practices could improve inclusivity in insurance
In the African Caribbean Insurance Network’s recent webinar, an expert panel debated how the insurance industry could improve diversity and retention rates in the sector
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Underwriting room could remain Lloyd’s focal point, but its role needs redefining – LIIBA
The trade body emphasises that the underwriting room must ’not become the museum of modern insurance’ and that it is essential ’that London remains a critical hub for global insurance business’, despite increased flexible working models
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Climate change is the ‘biggest single investment opportunity’ for sector – Lloyd’s John Neal
The Lloyd’s of London chief executive also listed four key attributes driving the modern way to run a business in a briefing call with journalists last week
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Lloyd’s accentuates the positives despite cloud of Covid-19
Lloyd’s urges analysts and the wider industry to look beneath its headline full-year figures to see progress - it pledged there is more to come
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Lloyd’s reports £3.4bn in Covid-19 losses for 2020
The market believes its pandemic payouts will reach £6.2bn on a gross basis, which contributed to an aggregated loss of £0.9bn for 2020
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Apollo Syndicate Management appoints new chief underwriting officer
The new hire has more than 23 years’ experience in the insurance industry
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Industry must show solidarity to drive positive cultural change – Aspen Insurance
Following Lloyd’s of London’s most recent culture survey, Aspen Insurance’s director of corporate development and communications tells Insurance Times why the industry must work together to achieve diversity
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Inigo buys StarStone Managing Agency and Syndicate 1301
The startup was launched by three ex-Hiscox bosses and it has capital of $800m thanks to a consortium of global investors
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Lloyd’s of London to consult on Blueprint Two’s core data record
The new iteration is a major “milestone” for Lloyd’s, but it will continue to explore opportunities to improve placement, claims and settlement journeys
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Lloyd’s plans underwriting room reopening
The market further plans to ‘fully adopt’ flexible working from 21 June
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Lloyd’s syndicate Brit confirms it ‘has never’ underwritten Adani coal project policies
Campaigners are now calling on other Lloyd’s syndicates, such as Arch, Ark, Hamilton, Hiscox, Lancashire and MS Amlin, to do the same
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Lloyd’s looks to research the history of its art collection to ascertain slavery links
The market believes it is ‘right and proper’ to re-evaluate the symbols and artefacts within its archives to see ‘whether or not what they stand for reflects where we are’ today