Lloyd’s/London
Blog: Claims work experience before and during lockdown
Two loss adjusters at Charles Taylor were offered part-time three-month secondments to work on Axa XL's claims team, one after the other. Both had expected to have a similar experience however, as lockdown loomed in March, one of the pair found…
Axa XL reveals raft of leadership appointments for UK and Lloyd’s
Axa XL has unveiled a series of UK and Lloyd’s leadership appointments following the implementation of its latest insurance operating model on 1 October.
London company market’s grip on European premiums slipping away
The value of premiums written in Europe but overseen and managed by the London company market dropped 60% in 2019, according to the International Underwriting Association.
Future Focus 2030: The Lloyd’s and London Market podcast
It is the year 2030. Following the success of 2019’s Blueprint One and 2025’s Blueprint Two [which also co-opted in the IUA and broader stakeholder representation], Lloyd’s and the wider London market is now ready for the highly anticipated third…
Future Focus 2030: The future of Lloyd’s and the London Market
As part of a monthly series, Post looks into the future at how the insurance industry might change, focusing on a specific issue. In the latest instalment David Worsfold looks at transformation of Lloyd’s and the London market in the post Covid-19 era
Lloyd's insurers launch parametric product to cover SME IT downtime
Lloyd’s has launched a parametric insurance product to cover SME business interruption losses caused by IT disruption or downtime.
HG to own 20% of Hyperion as investment boosts ‘war chest’ to $1.5bn
When the transaction for HG to invest in Hyperion closes the private equity firm will hold “just over 20%” of the business, CEO David Howden told Post.
Hyperion valued at $5bn as former A-Plan owner HG invests days after sale
Private equity firm HG has invested in Howden-owner Hyperion in a deal that puts a $5bn (£3.9bn) enterprise value on the insurance group.
Sign up now for Post's Future of Insurance Work event
There is now just a fortnight to go before Insurance Post holds its Future of Insurance Work event.
AIG’s Anthony Baldwin steps up as IIL president
Anthony Baldwin, CEO of AIG UK has been elected as president of the Insurance Institute of London for 2020 to 2021.
Briefing: The great home/office flip flop
This week will have seen many of us who had been ready to get back to the office reconsider, as guidelines across England shifted.
Gallagher’s Simon Matson on a balance of the old and the new
Brokers should see the hard market as an opportunity to prove their value as trusted advisors, says Gallagher’s UK broking and underwriting CEO Simon Matson, as he also looks at the changes to office life due to the coronavirus pandemic.
Return to offices halted following government’s work from home guidance
Businesses have put their return to office plans on hold following the latest statement from the government asking people in England to work from home where possible.
Briefing: Lloyd's start-up Ki secures $500m of backing, is it a Direct Line to success
Ahead of its first quarter 2021 launch, Lloyd’s of London syndicate Ki has received $500m (£390m) backing from Blackstone Tactical Opportunities and Fairfax Financial Holdings.
Lloyd's CEO John Neal warns of 'ultimate sanction' if firms do not meet gender targets
Lloyd's could seek to take "the most dramatic of action" and ban firms that do not meet gender targets from trading, Lloyd's CEO John Neal has warned.
Coverholders upbeat despite lawyer warnings after BI case
Managing general agents and coverholder brokers remain optimistic about the sector’s prospects despite warnings from lawyers on the implications of the recent business interruption court case.
Theo Butt replaces Paul Brand as Convex Insurance UK CEO
Convex Group has appointed Theo Butt as CEO of Convex Insurance UK and Matt Paskin as CEO of Bermuda-based Convex Re replacing co-founder Paul Brand who remains with the business as group deputy CEO.
Blog: Covid-19 is no Black Swan
Rather than focusing on hindsight and a fatalistic approach to risk, pursuing a more forward-looking, proactive strategy will improve resilience when, not if, the next crisis strikes, writes Hélène Galy, director of the Willis Research Network.
Brit names Mark Allan as Lloyd’s syndicate Ki CEO
Brit has appointed Mark Allan as CEO of Ki, its digital and algorithmically-driven Lloyd’s of London syndicate launched in collaboration with Google Cloud this May.
Aston Lark buys Brunel Professions
Aston Lark has bought professional indemnity specialist Brunel Professions, Post can reveal.
Lloyd’s sees underlying underwriting improvement as Covid weighs on H1 result
Lloyd’s posted a £438m loss in the first half of 2020 driven by £2.4bn of Covid-19 claims, which added 18% to its combined operating ratio.
Apollo Syndicate Management, Hyperion X and Ulysse Re discussed how the Lloyd’s/London markets responded to Covid-19 and the lasting impact on EC3
What is the current status of the Lloyd's modernisation programme, how did syndicates respond to Covid-19 and what will the lasting impact will be on EC3?
Lloyd's Lab - Class of 2020
The fifth cohort of Lloyd’s lab kicks off this week, with the chosen teams set to concentrate on Covid-19 products and solutions. Post looks at the businesses that hope the accelerator will help make their mark on insurance.
CII to move to Walkie Talkie
The Chartered Insurance Institute will move into the Walkie Talkie in early 2021.