Lloyd’s/London
With the deadline less than a week away start your British Insurance Awards entry today
The countdown has well and truly began to get entries in for the 2017 British Insurance Awards with the deadline now less than a week away.
Irish PI compensation changes a 'major step forward for the market'
Guideline changes to personal injury lawsuit compensation in the Republic of Ireland is a “major step forward for the market,” one of the country’s top lawyers has said.
Faster claims payments a 'significant milestone' for TOM
The London market has reached a "significant milestone" in its modernisation programme by improving services and infrastructure for the market back office.
Aviva, AIG, XL Catlin and Zurich discuss importance of brand within insurer marketing strategies
Insurers are becoming more sophisticated in their quest to deliver ‘brand value' given the growing number of marketing channels available to deliver their messages.
Sompo Canopius boosts heavy industry through Lloyd’s consortium
Sompo Canopius’s heavy industry team has secured additional capacity for its mining cover from Travelers Syndicate 5000 at Lloyd’s.
Dale Underwriting Partners appoints COO
Dale Underwriting Partners has appointed Mark Channell as chief operations officer.
P&I Clubs face pricing pressure: AM Best
Underwriters in the marine protection and indemnity sector must exercise underwriting discipline as their ship-owning members continue to face economic pressure, AM Best has warned.
Asta-managed syndicate reports profit in first year
Dale Underwriting Partners has posted a modest profit in its first year of account, despite “challenging” market conditions.
London market parties trialling Blockchain prototype
A Blockchain prototype will be rolled out as part of the London market modernisation scheme.
Insurance Census 2017: Face of insurance
Insurance, like many financial services sectors, has a reputation for being pale, stale and male. In Post’s latest research Michèle Bacchus finds out if the description still fits and what the industry is doing to effect change
The NRC: From Russia with tough love
The Russian Federation has launched a state-backed reinsurer that will take a hefty slice of outward reinsurance contracts and is raising fears that the London market could lose out.
AGCS to reduce headcount by up to 10%
Allianz Global Corporate & Specialty is to reduce staff numbers by as much as 10%.
'Mixed bag' for London market says Hiscox MD
Hiscox’s London market business has presented an inconsistent and mixed operating year for the insurer, according to Steve Langan, CEO of Hiscox Insurance.
Asta invests in Arma Underwriting
Lloyd’s managing general agent Asta is to finance the development of Arma Underwriting, a London and Dubai reinsurance MGA.
Hiscox posts 'record' 2016 as UK and Europe profits double
Insurer Hiscox has reported a "record" profit of £354m for 2016, an increase of 64%, driven by a benign claims environment and strong investment return.
MS Amlin boosts marine with Phoenix acquisition
Global specialty insurer MS Amlin, is to acquire 100% of the equity of Phoenix Underwriters, a Hong Kong based managing general agent specialising in yachts, super yachts and commercial craft.
Cyber controls are 'not fit for purpose'
Organisations' cyber controls are not fit for purpose, including those recommended by government, according to research from the University of Oxford and Novae.
La Playa achieves Lloyd’s status
Boutique broker La Playa has been approved as a registered Lloyd’s broker.
Axis appoints Brown to lead London PL and MGA growth
Axis has appointed Julian Brown to lead its London market professional lines managing general agency growth.
Fowle succeeds Slabbert as Chaucer CEO
Chaucer's Chief underwriting officer John Fowle has been promoted to CEO of Chaucer Syndicates, parent company Hanover has announced.
Airmic's John Hurrell on why insurers should assess risk culture
It is a well-established practice for underwriters to take into account risk management performance when assessing the risk profile of a business.
Bruce Carnegie-Brown confirmed as next chairman of Lloyd’s
Bruce Carnegie-Brown is to become the chairman of Lloyd’s of London.
RSA's Thomas on how partners can serve your customers better than branches
The future of overseas trading for UK businesses is somewhat clouded by the uncertainty of a post-Brexit world. But what's clear is that it is not just the giants of UK industry that have to grapple with how to work within new rules and channels for…
Week in Post: Moves and booze
For the first time ever, I had to purchase home insurance this week and despite working with the insurance industry, I had no idea how to go about it. So I ended up on an aggregator site.