Lloyd's of London News – Page 6
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NewsBackchat: 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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NewsLloyd’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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NewsLloyd’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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NewsPPL 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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NewsLloyd’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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NewsMarsh 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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NewsUS-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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NewsHiscox aiming to enhance customer service with AI
’Optimism should be tempered with awareness of the risks,’ says senior manager
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NewsAsta 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 InterviewMike 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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NewsGenerative 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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NewsEnvelop 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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NewsAI ‘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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NewsFace-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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NewsLloyd’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
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NewsBeazley closes cyber catastrophe bond worth over £100m
’We must keep evolving as a market,’ says global head
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NewsInsurance Times Review of the Year – Q3 2023
Insurance Times looks at highlights from Q3 2023 in its review of the year
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NewsInsurance Times Review of the Year – Q2 2023
Insurance Times looks at highlights from Q2 2023 in its review of the year
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NewsLockton teams up with Artificial Labs to bolster processing of insurance contracts
’We are proud to be one of the first brokers to bind a genuinely data-first MRCv3 in the market,’ says head of Europe operations and transformation
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NewsLloyd’s of London to remain at headquarters until 2035
’We’ll be redesigning other spaces in the Lloyd’s building to support our market’s collaboration and innovation,’ says chairman
