London Market
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News
LMA releases new clause to strengthen sanctions compliance in (re)insurance
’This clause is a practical and proportionate response to the increasing demands placed on our market by sanctions legislation,’ says legal director
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News
Insurers urged to back nuclear fusion as commercial viability nears
‘Within the insurance market, there’s only a few massive opportunities that come through in any one single career to this size and scale,’ says underwriter
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News
Hiscox declares industry first with use of wildfire modelling tool in London market
’This partnership allows us to integrate the very latest AI-powered modelling,’ says director
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Lloyd’s must ‘redouble efforts’ to maintain global standing – New chair Roxburgh
’I’m very reassured, returning to the market after 30 years when I first worked in it, that that edge is still there,’ says market chair
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News
Backchat: 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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News
Global investors still back the City – UK leads Europe in financial services investment
‘The strength and depth of the UK’s financial services sector continues to capture global investor confidence – particularly as they navigate challenging market conditions,’ says managing partner
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News
High Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 2 to 6 June 2025
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News
Verlingue London Markets plans to enter professional lines market in 2025
Broker’s executive director says this move marks ‘the next step for us to complete the jigsaw’ of its current wholesale offering
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IT Interview
Blueprint Two benefits will take ‘quite some time’ to impact London market as project is ‘too big’
London market broker leader is ‘worried’ about when the digital transformation programme will deliver, noting that it should have been ‘split down into very specific areas’ from the start, rather than following a ‘big bang approach’
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News
Turk 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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News
New specialist schemes MGA launches with offering for recruitment companies
’I’m excited to see the business grow as we develop and launch new schemes in the coming years,’ says chief executive
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News
Optio Group launches $150m PVT product with Lloyd’s backing
‘We’re excited to bring this enhanced solution to the market and continue strengthening our specialty capabilities with our partners,’ says leader
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News
Neal 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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News
Tiernan 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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News
Insurance group names Lloyd’s risk specialist as new CRO
’I’m excited to understand the business back-to-front,’ says appointee
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IT Interview
Biba 2025: Tokio Marine HCC strives to secure three facilities with brokers in 2025
The insurer’s international head of distribution believes the business needs ‘to whisper a little bit louder’ than it has done in the past to attract greater brand recognition and better promote broker partnership opportunities
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News Analysis
Mike Bottle: Arch’s UK regional MD on bringing international scale to bear
’You’ve got to be committed to the proposition because if you lose sight of what the broker wants, then you very quickly lose momentum,’ says recently promoted leader
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News
IUA’s new chief executive steps up following veteran’s retirement
’London as a global hub lives or dies by its underwriting and claims expertise,’ says new chief executive
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News
Lloyd’s broker offloads specialist team to SRG after strategic review
‘All clients are in the process of being contacted directly and reassured of our joint effort to provide continuity and minimum disruption,’ says chief executive
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News
Aviva leader to take on chief executive role at Probitas 1492
’Over the last decade, Bathia has built an incredibly successful Lloyd’s franchise and paved the way for Aviva’s entry to the Lloyd’s market,’ says chief executive