London Market – Page 21
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London specialty market is ‘vital’ in UK’s post-Covid economic recovery – IUA
The IUA’s membership has grown by 10% in the last 12 months
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Confidence in MGAs on the up following pandemic dip – Clyde and Co
Interest in the European market has also increased
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Jensten Group completes Tasker buy
Group chief executive believes the broking business is ‘an attractive alternative for high quality community brokers looking to find new investors’
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Dale Partners receives Lloyd’s in-principle approval for MGA creation
The move will fulfil the company’s desire to be ‘independent and fully accountable’ for its business
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Lloyd’s broker taps software provider amid growth plans
The broker’s chief financial officer says it has ambitious growth plans and is scaling fast
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Lloyd’s Market Association boosts board by six
The new appointments aim to add a ‘wealth of expertise’ while contributing to the association’s diversity targets
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Lloyd’s of London ‘won’t tolerate loss-making syndicates’
‘There is not much time left over’ for the market’s MGAs to ’remediate unprofitable syndicates’, says chief financial officer
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Mosaic Insurance appoints chief underwriting officer and underwriting director
The new hires will help the firm develop ‘the next generation of global specialty insurance’
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Lloyd’s of London teams up with geospatial insurtech
The partnership aims to build the world’s most advanced digital and technology-led insurance marketplace
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Lloyd’s syndicate Ki hires new chief technology officer
Ki’s chief executive says the syndicate is adopting a ‘technology-first’ approach to underwriting
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Covid-19 drives underwriting losses of £2bn for Lloyd’s market – Insurance DataLab
’Financial pressures will continue to affect businesses’ as the world’s economies emerge from the pandemic, according to Insurance DataLab’s Matt Scott
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Aegis London promotes internally for new head of claims operations
The hire is one of two promotions in the insurer’s restructure of its senior leadership team
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Aegis London hires first chief technology officer
Aegis London, which operates Aegis Syndicate 1225 at Lloyd’s, has appointed Mark Degenaar as its first chief technology officer with immediate effect. Read more…