London Market – Page 16
-
NewsArdonagh Specialty acquires Lloyd’s broker with ‘true alignment on client service’
The group’s 125 staff and its brands will join the broker as part of the deal
-
NewsLMG launches campaign aimed at turning insurance into a ‘destination career’
The initiative hopes to tap into the pools of both school leavers and university graduates
-
NewsLloyd’s postpones two milestones in latest Blueprint Two update
The marketplace’s chief executive added that he was confident the initiative would make the market ’better, faster and cheaper’, but that vendor support was essential
-
AnalysisThe Big Question October 2022: What is the current state of play in the construction professional indemnity market?
Insurance Times asks industry leaders about the current construction PI market as headwinds hit the sector following the likes of the Grenfell Tower tragedy
-
NewsRokstone targets ‘go-to’ status with trio of senior engineering underwriter hires
The three appointees join from Globe Underwriting and all have previously held roles at Pioneer
-
NewsLloyd’s receives approval for cyber syndicate as it targets pragmatic growth
The market is developing ‘realistic disaster scenarios’ to prepare for potential threats, added chief of markets
-
NewsDale Partners receives approval to launch new managing agency in Lloyd’s
The business has hired four independent non-executive directors to play an ‘invaluable’ role in the launch as part of the agency’s board
-
NewsReinsurers risk misunderstanding secondary perils due to less mature modelling
Professional services firm partner predicts a ‘pretty expensive year’ for the reinsurance sector as secondary perils drive up losses
-
NewsLloyd’s syndicates returned to profit in 2021 – Insurance DataLab
Controlling claims costs and operating expenses will soon become a “key battleground” for the market, says co-founder
-
NewsLloyd’s commercial lines customer experience is like a ‘pig going through a python’
Speaking at CFC’s UK Summit last week, Lloyd’s chairman explains the importance of meeting customer needs digitally
-
NewsLondon market still catching up on admin backlog caused by pre-pandemic ‘creaking systems’
London market firms are ‘leaning into the need to move to a digital marketplace’, causing a technology ‘revolution’
-
NewsCharles Taylor InsureTech continues InHub rollout as it sets sights on US
Charles Taylor InsureTech will be hitting the states later this year – or in early 2023 – as the firm continues its international rollout of InHub, having successfully launched the product in the UK and Latin America.
-
NewsLloyd’s hosts ceremony to mark the death of HM Queen Elizabeth II
The Lutine Bell was rung a total of three times to mark the royal household’s change
-
NewsGlobal insurance broker secures approval for Asta-managed Flux syndicate 1985
The launch aims to increase the $32bn of premium already flowing into Lloyd’s from the broker
-
AnalysisBriefing: Insurers should prepare for risk of another Eurozone crisis
Contributor Saxon East examines whether the eurozone may be about to enter another period of economic chaos
-
NewsLondon market has ‘real opportunity’ to be ‘an innovator’ for climate change transition risks
Brokers, insurers, regulators and markets all have a role to play in supporting the transition to net zero carbon emissions
-
AnalysisBriefing: Is hybrid working diminishing London’s leadership as an insurance market?
Individuals entering the world of work today may not have experienced working alongside their colleagues five days a week – ‘their careers may be marked by the lack of that’, according to broker boss
-
NewsInsurance industry welcomes Liz Truss as new prime minister
The ‘back to the future’ proposal of merging the FCA, PRA and PSR is still a possibility, says global head of financial regulation
-
NewsCII teams up with professional body to build new route into insurance for school leavers
The new qualification will improve the ‘socio-economic diversity’ of the insurance sector’s talent attraction by ‘reducing the focus on those who have been able to gain higher education’, says early careers manager
-
NewsSompo International agrees sale of EAL to ‘withdraw’ from Lloyd’s
The move marks the culmination of the firm’s strategy to divest itself from Lloyd’s and focus on the London market
