London Market – Page 18
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News‘There will always be a need for insurance’ – Lloyd’s boss John Neal
The insurance industry provides ’a framework for bouncing back’, as risk can never completely be eliminated and ’we cannot just look to politicians for answers’
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NewsIndustry opportunities arise from growing state sponsored cyber attacks – Lloyd’s of London
The insurance industry has an opportunity to develop ’affirmative physical damage offerings’
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AnalysisBriefing: Lloyd’s Lab is still the ‘heart of innovation’
Lloyd’s has a ‘proud history’ of innovation - and this is set to continue
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NewsSuccessful D&I strategies require the insurance industry to stop ‘playing musical chairs’
There is an opportunity for the industry to rebrand insurance in order to encourage school leavers to join the sector
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NewsInternational Underwriting Association launches new ESG committee
One of the members’ goals is to explore the ‘soft power’ of insurer’s influence on client behaviour
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News‘Digestible’ innovation around systemic risks to be discussed at BrokerFest 2022
Systemic risks present a ‘growing credibility gap’ for the insurance sector that must be addressed, says broker leader
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NewsIndustry backs Lloyd’s of London’s $465m DXC Technology contract extension
The insurance industry sees the contract extension as a ’significant step’ in helping Lloyd’s go digital
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NewsLMG identifies six metrics designed to secure London market’s global competitiveness
The trade body outlines ‘six priority initiatives’ through which the insurance industry’s ‘competitiveness agenda can start to be established and measured’
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IT InterviewToby Clegg: Clegg Gifford to tap into ‘distribution heft’ of new parent Markerstudy
The chief executive is also looking to achieve four ‘ambitious milestones’ in 2022, including growing the broker’s retail branch network
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NewsLIIBA campaign set to raise London market’s diversity and inclusion
Creating an inclusive culture is one of LIIBAs strategic objectives
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NewsLloyd’s of London names its official investment platform operator
The platform allows different capital providers in the Lloyd’s market to co-invest in tailored funds
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NewsIncreased digitalisation is resulting in a damaging ‘digital divide’
Over 23 million customers could be left behind by increased digitalisation, explained a report
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AnalysisHouse of Lords advocates more proportional regulation for London market
Inquiry calls for ‘broader reassessment of regulatory culture’ as current London market oversight is described as ‘inflexible’ and ‘unnecessarily complex’ by committee chair
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AnalysisOpinion: Hybrid ‘new normal’ yet to be clarified across UKGI
Editor Katie Scott discusses the appetite around industry in-person gatherings ahead of this year’s Biba conference
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NewsPool Re reveals record-making reduction in reinsurance pricing
Pool Re’s member insurers, however, will remain responsible for setting pricing for their own policyholders
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NewsAustralian insurance firm buys Tysers for £500m
Broker chief executive describes new owner as ‘perfect partner’ to ‘support our growth ambitions’
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AnalysisBriefing: Stable it may be, but London needs real modernisation momentum
Frictional costs in the capital are still too high, despite credit rating agency listing market positives
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NewsGlobal net zero transition could double size of London insurance market – LIIBA
It could create an annual total of $125bn (£99.4bn) additional insurance-related spend by 2030 for the costs of transition alone
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NewsCredit ratings agency retains stable outlook for London market
Market trends are expected to exert a ’neutral influence’ on London market firms
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AnalysisBriefing: Whitehall staffing conundrum spreads to Square Mile
London market participants are getting comfortable with homeworking as face-to-face meetings become increasingly difficult to arrange
