Lloyd’s/London
Claims: Claims side leads way towards a digital Lloyd's
Lloyd’s of London, like the London market as a whole, is becoming more urgent about getting up to speed with modern technology – and claims is leading the way
Neon expands into Bermuda
The specialist Lloyd’s insurer is growing its international footprint and access to both the Bermudian and US markets.
Foo Fighters sue Lloyd's insurers over cancelled gigs following Paris terrorist attacks
Musicians the Foo Fighters have filed a suit against insurers for failing to reimburse cancelled European shows following the Paris terrorist attacks last November.
Thomas Miller launches Thomas Miller Specialty
Thomas Miller, which manages the UK and TT Protection & Indemnity clubs, has launched a new group business, Thomas Miller Specialty.
Cyber language will become ubiquitous, says Bolt
Five years from now every insurance policy will have cyber language in it, according to Tom Bolt, the recently installed president of UK and Southern Europe at Berkshire Hathaway Specialty Insurance.
James Hallam added as registered broker at Lloyd’s
London-based broker James Hallam has added to its accreditation, taking up Lloyd’s broker status following its recent approval as a chartered broker through the Chartered Insurance Institute.
Results yield growth for Tysers
Lloyd’s broker Tysers has seen revenues rise to £46.8m (2014: £41.3m) and EBITDA grow to £9.4m (2014: £8.2m) in its 2015 results.
IUA warns job losses ‘highly likely’ if Brexit camp wins
Job losses among the 34,000 people employed directly in the city’s commercial insurance sector, and thousands more indirectly, are likely if the UK votes to leave the European Union, according to industry bodies.
Quiz of the week - 20 May 2016
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Enstar's Starstone opens Australian specialty underwriting operation
Global specialty insurer Starstone (formerly Torus) owned by Bermuda-based Enstar has created a Lloyd's underwriting facility for Australia and New Zealand.
Lloyd's CEO Inga Beale on Desert Island Discs: Five things we learnt
Desert Island Discs was an important part of my childhood - as were The Archers and Test Match Special - growing up in a radio-obsessed household. However, in the age of podcasts I only dip in and out of the show now if I read about a guest who has been…
LMA adds four to board
Four candidates have been elected to the Lloyd’s Market Association board, including several C-suite level executives.
Q&A: Paul Tasker, Tasker Insurance Group
After consolidating a number of acquisitions, Paul Tasker, Tasker Insurance Group CEO, tells Peta Fuller what is next for the group
Lloyd’s CRO Sean McGovern joins XL Catlin
Lloyd’s chief risk officer and general counsel Sean McGovern has joined XL Catlin as chief compliance officer and head of regulatory and government affairs.
Lloyd's Chairman: No 'regulatory nirvana' from Brexit
Leaving the EU won’t result in a “regulatory nirvana” for the insurance industry, Lloyd’s Chairman John Nelson said in a speech.
WR Berkley begins Asian insurance venture
WR Berkley has launched Berkley Insurance Asia to serve clients in Asia to complement its Asia-Pacific reinsurance operations.
Biba 2016: UK SME business remains key for Lloyd’s, says Inga Beale
Lloyd’s CEO Inga Beale, pictured, has told Post SMEs remain an important part of the market’s plans.
TMK launches aviation consortium
A general aviation consortium has been launched on the Lloyd’s Asia platform by Tokio Marine Kiln.
Lloyd’s chair Nelson to retire in May 2017
Lloyd’s chairman John Nelson plans to retire at the market’s annual general meeting in May next year.
C-Suite Broker: Willis Tower Watson's Nicolas Aubert on pushing the London Market forward
Over the years, the London insurance and reinsurance market has faced many challenges and changes, but to date it has successfully navigated these choppy waters.
Brexit would ‘significantly damage’ London Market, says IUA
Underwriters have raised concerns Brexit would limit access to markets and “significantly damage” London Market companies, according to the International Underwriting Association.
RGA Underwriting gets Lloyd’s broker status
RGA Underwriting will start placing risks directly with Lloyd’s underwriters in a move the company says will let them place more unusual risks particularly in the property market.
GRP backs MBO for Lonmar
Investment vehicle Global Risk Partners has agreed to back the management buyout of specialist Lloyd’s broker Lonmar Global Risks.
Aubert to head up London Market Group
Willis Towers Watson’s boss in Great Britain Nicolas Aubert will succeed Steve Hearn, CEO of Cooper Gay Swett & Crawford, as London Market Group’s chair.