Lloyd’s/London
LMA calls for underwriter training to address ‘silent’ transition
The Lloyd’s Market Association has recommended that underwriters go through transition training to understand client’s transition pathways and avoid “silent” transition risks.
First black Lloyd’s broker champions diversity lectures
Lloyd’s of London’s first Black broker David Flint said the Inclusive Futures Flint Lectures provide ethnic minorities with the means to survive at Lloyd’s.
Markerstudy’s Barnard on the continued importance of Lloyd’s
View from the Top: Joe Barnard, director of group sales and business development at Markerstudy, highlights Lloyd’s’ adaptability, strong reputation and talent as key to facing future challenges.
Lloyd’s Lab sets up insurtech investor panel
Lloyd’s Lab has set up an investor panel aimed at offering expertise and advice on the financial landscape and fundraising initiatives for insurtechs on its accelerator programme.
Canopius exits space insurance market
Canopius has ceased to write new space business and has confirmed the departure of two senior underwriters for the class.
PRA to reduce oversight of Lloyd’s managing agents
The Prudential Regulatory Authority has said that Lloyd’s managing agents will face a “lower level of supervisory interaction”, as the regulator moves to deliver on its competitiveness and growth objective.
Lloyd’s Lomas promises ‘accountability’ over Inclusive Futures
Mark Lomas, head of culture at Lloyd’s, has given an update on how the success of the London market’s Inclusive Futures initiative to increase ethnically diverse talent in the industry will be measured.
How to axe insurance’s Old Boys’ Club
Analysis: Damisola Sulaiman examines the insurance industry’s efforts to dismantle its Old Boys’ Club culture, highlighting initiatives to promote diversity in recruitment, while exploring the challenges that remain in creating a truly inclusive…
Lloyd’s CEO reflects on Dive In’s 10-year evolution
John Neal, CEO of Lloyd’s has kicked off the tenth anniversary of the insurance industry’s diversity and inclusion Dive In festival by saying the event is now far greater than it was a decade ago.
Dive In Special – Next decade of diversity and inclusion
What is required to make strides forward towards becoming a diverse and inclusive industry is tackled in the latest Insurance Post Podcast.
ISC Group’s Powell on the next steps towards inclusion in insurance
Carmen Powell, managing director of ISC Group, reflects on how her organisation has created safe spaces, fostered leadership, and promoted cross-organisational collaboration plus shares plans to create a a more equitable future in insurance.
Lloyd’s to ramp up business oversight to avoid past ‘mistakes’
Lloyd’s will increase its oversight of delegated and legacy business to avoid squandering the gains of recent remediation efforts, chief underwriting officer Rachel Turk has said.
Lloyd’s names Sir Charles Roxburgh as next chair
Lloyd’s has named Sir Charles Roxburgh as its next chair, with the former Treasury official set to take up the position on 1 May 2025, subject to regulatory approvals.
Lloyd’s proposes changes to misconduct framework
Lloyd’s has proposed a raft of changes to its misconduct framework, including making it clearer which behaviours are considered unacceptable and protections for whistleblowers.
Twenty firms face off for Lloyd’s Lab spots
The Lloyd’s Lab pitch day for its 13th cohort saw 20 firms go head-to-head for one of 10 spots in the market’s 10-week fast track programme for “fresh ideas” to challenge the insurance industry.
TRIA stabilised the insurance industry after 9/11
Greg Podleśny, co-founder of insurtech Acini, reflects on how the Terrorism Risk Insurance Act addressed the spike in insurance costs due to terrorism after the events of 9/11.
Charles Taylor InsureTech steps up London Market digitalisation
Charles Taylor is to offer Delegated Data Manager to London Market clients as an elective market service via London Insurance Market Operations and Strategic Sourcing.
London market has a ‘cost problem’
The London market is weighed down by a cost problem, and will struggle to provide the best solutions for clients unless it pushes forward with a digital-first approach, a Marsh digital leader explained.
Lloyd’s CEO predicts no changes to current pricing cycle
Lloyd’s CEO John Neal has said he expects current insurance pricing conditions to persist, dismissing suggestions of imminent widespread softening of rates.
Aviva targeting ultra-HNW growth following acquisitions
After completing the integration of the Azur and Axa XL private clients’ business, Aviva’s managing director for high net worth Ann Owen has said the insurer is looking to grow, but not “at any cost”.
Lloyd’s explains how diverse talent initiative will work
Lloyd’s head of culture Mark Lomas has outlined how the Inclusive Futures education and workplace initiatives will operate in practice.