Lloyd's of London News – Page 40
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Wedlake Bell's ProDPO to advise CII ahead of GDPR
Wedlake Bell’s ProDPO to advise CII ahead of GDPR’s introduction in May
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Five companies waive excesses on claims from New Year fire
Markerstudy, LV=, Ageas, NFU Mutual and Tesco have all waived excess on claims from the fire in Liverpool on New Year’s Eve
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Public sector quadruples terrorism insurance purchases
Public sector purchases of terrorism policies rose by 331% in 2017, according to the latest research
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2017 global insured losses reach $135bn – Munich Re
Hurricanes and flooding to blame for the record-breaking figure of $135bn says Munich Re
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Endeavour puts first risk policies on cyber portal
The Lloyd’s broker announces the successful placement of the first risk policies onto its new cyber portal
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MS Amlin names new chief executive
MS&AD subsidiary MS Amlin to appoint Simon Beale to succeed Charles Philipps
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Arc Legal launches ‘mass market’ household cyber cover
The policy is designed to provide immediate assistance for individuals and families in the event of a cyber-attack on their personal electronic devices
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Global reinsurance sees one of the worst loss years on record
2017 is proving to be one of the worst loss years on record for the global (re)insurance market, according to the latest 1st View renewals report from Willis Re
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A-Plan Holdings acquires Endsleigh
A-Plan Holdings agrees terms to acquire Endsleigh from Zurich
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Ardonagh confirms purchases of Carole Nash and Mastercover
Ardonagh announced the acquisitions in October, but have now confirmed the paperwork has been exchanged
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Allianz pumps $96.6m into microinsurer BIMA
Microinsurer BIMA will benefit from a $96.6m investment from Allianz X
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Volante to launch new multi-class international MGA
Volante Global Limited, a new multi-class and multi-territory international managing general agent (MGA) platform, will launch and commence trading during Q1 2018
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Don’t get caught out by festive flooding, warns the ABI
After three storms caused £1.3bn of damage around the festive period in 2015, insurers are ready to respond to any flooding that takes place this year
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Poundland fights back amid reports of trade credit problems
Poundland hits back over reports of trade credit problems amid scandal at its South African owner
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FCA warns of “bogus entity” operating in the UK without authorisation
Bulwark Insurance is not authorised by the FCA and is targeting people in the UK
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“Hackers are targeting school fees,” warns cyber insurance firm
Cyber Decider warns parents that their children’s private school fees are the top target for cyber criminals
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GDPR leading to increased cyber insurance uptake
According to a CFC Underwriting survey of industry representatives, GDPR is driving more demand for cyber insurance
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Canopius signs up for Flood Re
Canopius becomes the latest insurer to take part in the Flood Re scheme
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REG (UK) selected by Lloyd’s to reduce burden on UK coverholders
Lloyd’s will utilise the REG platform to help reduce the administrative burden on UK coverholders
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Towergate launches third Geo Specialty London markets team
Towergate Underwriting today launches the third London markets team in its Geo Specialty business in four months