London Market
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NewsInsurers need to ‘weed out signal from noise’ amid ‘polycrisis’
‘The market is tremendously resilient, it will survive. It has seen polycrisis before,’ says chief underwriting officer
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NewsAon to launch UK-based captive management company after government announcement
’The UK is already home to the world’s leading insurance marketplace in London and it’s only natural that it should also be a competing jurisdiction for captives,’ says leader
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NewsNew UK captives framework gets green light
’The government’s view is that a new captive insurance framework will help cement the UK’s position as a leading international jurisdiction for insurance and risk management business,’ says government
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NewsInsurance body rebrands and relaunches London division
’London is the global hub for major, complex risk – and the partnership between reinsurers, insurers, brokers and legal representatives is essential to its continued success,’ says president
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NewsConsilium announces senior leadership team appointment
‘I’m excited to join at such a pivotal time and look forward to helping drive its growth into new areas of speciality,’ says appointee
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IT InterviewChris Jones: New IUA boss seeks to put trade body ‘on the front foot’ with three pillar plan
Technical skills, talent and risk management are prime focuses for the chief executive, who believes ‘London really will live or die by its underwriting and claims expertise’
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NewsLMA 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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NewsInsurers 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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NewsHiscox 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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NewsLloyd’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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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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NewsGlobal 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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NewsHigh 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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NewsVerlingue 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 InterviewBlueprint 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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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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NewsNew 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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NewsOptio 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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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
