London Market – Page 2
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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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NewsLMA releases updated hull and cargo clauses
’The LMA remains committed to assisting insurers in responding to requirements in an increasingly complex regulatory landscape,’ says legal director
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NewsMarsh taps into digital trading platform to advance digitisation strategy in London market
A ‘data first’ focus will enable the intermediary to ’unlock transformational benefits’ and ’unleash a new era of innovation’, says UK chief executive
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IT InterviewBob James: Lloyd’s prefers sector-wide ‘criticism’ of project delays instead of unsafe Blueprint Two delivery
’I would rather take criticism [about the delay of Blueprint Two] then push the date and have a platform that has a flaw that [would] be problematic,’ says chief operations officer
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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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NewsHiscox aiming to enhance customer service with AI
’Optimism should be tempered with awareness of the risks,’ says senior manager
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NewsBMS teams up with Artificial Labs to bolster processing of insurance contracts
’We are delighted to partner with BMS,’ says co-chief executive
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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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NewsTokio Marine reaches agreement with Marsh to acquire MGA staff
’Our shared expertise, combined footprints and distribution networks will make for a formidable marine offering in London and beyond,’ says head of marine
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NewsNeema Insurance opens London office as part of expansion
’We are bringing the City of London and its world class and unparalleled capabilities to our partner clients,’ says principal officer
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NewsDigitisation of London market will ‘empower’ face-to-face trading
’Personal relationships will still be critical,’ says chief executive
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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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NewsClose Brothers renews contract with Brown and Brown’s Hedron Network
CBPF commercial lines director says the business is ‘keen to unlock’ other ways to work with brokers
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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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NewsMGA Ventis launches in UK
’We are committed to investing in broker relationships and giving them easy access to underwriters,’ says chief executive
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News AnalysisBriefing: UKGI optimism is high, but some of the usual problems persist
While 2024 will undoubtedly continue to set fresh challenges alongside the usual suspects, there is certainly space for optimism
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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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News AnalysisBriefing: Insurers feeling a little off centre over UK’s role
Just 47% of surveyed insurance leaders said they were confident that the UK would be where it is now in 2027, so is the UK’s optimism beginning to slip?
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News AnalysisBriefing: 1 January 2024 renewals evidence of the end of the world’s ‘holiday from history’
’The higher costs of goods and capital, civil unrest, deglobalisation and heightened security threats have ended the world’s holiday from history,’ says new report
