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London must alter loss of hire wordings

The London insurance market needs to address shortcomings in standard loss of hire wordings if it is to be a 'go-to’ market for this important type of marine business, the chairman of the Association...

Lloyd's/London | 11 May 2012 secure

boat-steering-wheel
Bronek Masojada Hiscox

Hiscox April renewals beat expectations

Hiscox has said it withheld reinsurance capacity on the first quarter in anticipation of higher rates, adding that April renewals had beaten expectations. But it warned that the UK market is still "under pressure".

Insurer | 08 May 2012 secure

shaun-hooper

Cooper Gay Swett & Crawford promotes Hooper to group commercial role

Wholesale and reinsurance broking group Cooper Gay Swett & Crawford has promoted Shaun Hooper, pictured, to the new role of chief commercial officer.

Broker | 03 Apr 2012 secure

The Lloyd's building

LMA to put co-lead binder claims on ECF

The Lloyd's Market Association has launched a project to increase the volume of co-lead binder claims being managed using the market's ECF electronic claims handling system.

Lloyd's/London | 26 Mar 2012 secure

andrew-holman-s

Holman's snaps up LMIB business in international push

Independent Lloyd's broker John Holman & Sons has acquired the non-marine business of London Market Insurance Brokers in a bid to boost its international book.

Broker | 19 Mar 2012 secure

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The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

The Lloyd's building

Lloyd's ECF claims pass 80% target

The percentage of insurance claims managed but Lloyd's Electronic Claims File system has reached 83%, an 8% year-on-year increase.

Lloyd's/London | 08 Mar 2012 secure

The Lloyd's building

LMG extends electronic approach

The London Market Group has extended its electronic endorsements initiative to all classes of business. Brokers can send all endorsements in every class electronically, and insurers will be able to respond to them.

Lloyd's/London | 06 Mar 2012 secure

The financial centre of City of London with Swiss Re Building and London bus

London Market OKs electronic endorsements

The London Market Group has announced that the electronic endorsements initiative will extend to all classes of business from 5 March 2012.

Lloyd's/London | 02 Mar 2012 secure

dominic-burke-ar08

Overseas revenue surge drives 13% pre-tax profit rise at JLT

Strong retail revenue growth and margins in Asia and Latin America helped offset difficult trading environments in Europe and Canada to deliver an overall 13% pre-tax profit rise for Jardine Lloyd Thompson for the full-year ending 31 December 2011.

Broker | 01 Mar 2012 secure

Brent Escott

Interview: Opportunity knocks for Capita's Brent Escott

Having set up, run and sold insurance businesses, Brent Escott is now embarking on a new challenge at the outsourcing giant.

Insurer | 21 Feb 2012 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
recruitment

Market moves: All change in the boardroom

Underwriters were the most active recruiters this week, with Ace leading the way with two major appointments. Meanwhile, Brit, Lloyd’s Channel Syndicate and Whittington Capital Management also added to their ranks. While the broking space was relatively...

Insurer | 07 Feb 2012 secure

The Lloyd's building

London market technology provider launches cloud offering

London Market technology firm TriSystems has launched an electronic underwriting service called Lime-St.com For underwriters to complement its broking platform.

Lloyd's/London | 31 Jan 2012 secure

barnabas-hurst-bannister 2

Hurst-Bannister joins Xchanging board

London Market stalwart Barnabas Hurst-Bannister is to join the Xchanging Ins-Sure Services board as a non-executive director from March.

Lloyd's/London | 30 Jan 2012 secure

The Lloyd's building

Whittington London market deal done

The consortium of Tawa, Skuld, and Paraline Group, has completed the acquisition of Whittington Insurance Markets, the London-market operations of Whittington Group.

Insurer | 26 Jan 2012 secure

David Howden Hyperion

Hyperion boss eyes market opportunities following year of growth

Hyperion is in prime position to target acquisitions and consider a stock market flotation after announcing organic growth of 18% last year.

Insurer | 17 Jan 2012 secure

Comment

Lynn Rouse

Editor's comment: Fleeing the family nest

This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...

Interview

JLT chief executive Dominic Burke

Interview: JLT's Dominic Burke - a thoroughbred performer

Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...

View from the top

David Reed

View from the top: Airline insurance - the risk remains

Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...

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Pitney Bowes 2012 Insurance Industry Report

2012 insurance industry report: The inside track to achieving a more sustainable business

To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.

Work equipment risks in the UK

Work equipment risks in the UK

The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.

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