London Market – Page 5
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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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News
Blueprint Two deadline delayed again in London market transformation blow
’We’re confident we can resolve defects quickly and encourage the market to maintain momentum with their own testing schedules,’ says Lloyd’s chief executive
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Aon promotes Asia Pacific leader to head up Global Broking Centre
’The increased complexity of global risks and the London market’s track record of innovation makes our Global Broking Centre more relevant than ever,’ says commercial risk chief executive
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Markel urges reconnection in insurance market post-pandemic
’It is important that people are focused on what is happening [in the market] outside of their day job,’ says chief underwriting officer
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Howden Corporate and Commercial appoints new head of London broking
The new appointee ’has a proven track record of achieving great client and management results,’ says chief placement officer
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Industry must improve its pitch to young talent – Vicky Carter
’To somebody who knows nothing about it, the industry will sound dull,’ says deputy chairman
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Company market looks to assess ability to deliver Blueprint Two
New committee will ‘review information about the readiness of the London company market and its technology partner’ ahead of planned phase one rollout this autumn
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LMA to revise marine hull and cargo oil price cap clauses after sanctions changes
’The new model wordings will be posted to the Lloyd’s repository,’ says legal director
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Apollo launches first captive syndicate of ‘modern era’ at Lloyd’s
’Establishing the first captive syndicate is a great achievement,’ says group chief executive
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Consilium launches marine division as part of strategy to be ‘most inspiring independent broker’
Specialty broker has appointed senior partner to steer the new division
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Tributes paid to retired insurance manager who died on Singapore Airlines flight
’A gentle man in every aspect, he was a lovely guy,’ says chief commercial officer
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More women found to be in leadership roles across London market
It came as the workforce across the London market increased between 2021 and 2023
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Biba 2024: Blueprint Two ‘doesn’t seem to be going very well in delivery terms’
Chief executive is ‘very cynical’ and ‘worried’ about the plan’s delivery timeline
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Insurer takes box at Lloyd’s of London
CUO says having a company box in Lloyd’s ’strengthens our profile’
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London P&I Club announces new chief executive as Gooch steps down
’I feel the time is right to step aside,’ says departing top boss
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News Analysis
London looking positive but ‘this is no time for complacency’
Rating agency AM Best has raised its outlook on the London market insurance sector from stable to positive in what has been seen as another endorsement for EC3 and while there is much to support optimism, the nature of the market means that challenges remain
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Sponsored Content
Q&A: Charles Taylor InsureTech discusses London market digitalisation
Reiss Gavin, senior project manager at Charles Taylor InsureTech, discusses the challenges of Blueprint Two and how the London market could move forward
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News
Rokstone launches D&O limit of indemnity calculator to support brokers
’We are thrilled to offer this open access resource to brokers,’ says head
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MGA takes box at Lloyd’s of London
’Having a box at Lloyd’s signals our long-term commitment,’ says chief executive
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Howden Specialty’s chief executive appointed to LMG board
’Her expertise will add great strength to the board of LMG,’ says chair