Lloyd’s/London
Marsh's White on delivering client value and innovation in uncertain times
Just when we thought the world couldn't get much more uncertain, 2016 happened.
Greg Collins to become Miller CEO in January
Greg Collins will become CEO of Miller from New Year’s Day, the broker said.
Helios to acquire Lloyd’s underwriter Pooks
Helios will acquire Lloyd’s underwriter Pooks Limited for £870,659.
Beazley investor sells £2.34m shares
A major shareholder in Beazley has disposed of £2.34m of shares in the company.
Dual financial lines pair take on ‘entrepreneurial’ role at Acapella MGA
Two senior underwriters from Dual have joined Acapella to launch a managing general agent business specialising in diverse financial lines.
London Market faces 'bleak' year ahead
The London Market faces a "bleak" year ahead based on swingeing underwriting losses, PWC warned.
Axa's Duverne on the insurance industry waking up to women decision-makers
2016 may go down as the year the insurance sector woke up to the growing importance of women in the global economy and recognised that it needs to address their requirements for a whole range of products and services. Whether as entrepreneurs or heads of…
Insurers cannot wait for government to lead on Brexit strategy
The UK's insurers cannot wait for government to take the lead on Brexit strategy, according to Ashley Prebble, an insurance partner at Clifford Chance.
Pioneer launches renewable energy team
Pioneer has launched a renewable energy underwriting team led by Warren Diogo.
Lloyd's to unveil plans for EU move in the new year
Lloyd’s of London will create an office somewhere within the European Union in a move to divert some of its operations to the continent as a result of the UK's Brexit vote.
Mixed reaction from market over Lloyd’s subscription cuts
The London Market has expressed a mixed reaction to planned changes to fees paid by market members to the Corporation of Lloyd's.
Underwriting at Lloyd's unprofitable in the aggregate, say Beale & Nelson
The strong performance that Lloyd’s has enjoyed this year masks a worrying unprofitable underwriting trend, according to the market’s CEO Inga Beale and chairman John Nelson.
Lloyd's to cut subscription costs by 10%
Lloyd's of London will reduce its market subscriptions by 10% for 2017 as part of efforts to keep the market competitive.
Novae appoints head of marine
Specialist Lloyd’s insurer Novae has appointed Helen Steadman as head of cargo.
CG Holdings launches new MGA Corin Underwriting
Casualty & General Insurance Company Europe’s parent company CG Holdings is launching Corin Underwriting Limited, a managing general agent to handle its UK and Irish casualty risks.
Lloyd’s to update operating structure
Lloyd’s has unveiled its new operating structure, to be rolled out in the New Year.
Accelerate signs three year deal with JM Glendinning
Specialist managing general agent Accelerate Underwriting has agreed a three year deal with UK insurance broker JM Glendinning.
Helios acquires Salviscoint for £800,000
Helios Underwriting has acquired Salviscoint, a limited liability member of Lloyd's, for £800,000.
Lloyd’s announces potential post-Brexit strategies
Lloyd's said setting up a single European Union subsidiary or a network of branches across several EU countries are two potential post-Brexit strategies if passporting rights cannot be maintained.
London Market launches online platform as part of modernisation agenda
The London Market Group has launched an online portal which will enable brokers and service companies to submit premiums electronically.
Chaucer expands Singapore treaty team
Lloyd's specialist insurance group Chaucer has appointed former Swiss Re manager Ong Chee Koon as class underwriter to join its Asia treaty team in Singapore.
IUA: Single market access is key Brexit concern
The London insurance market must maintain access to the single market following Brexit negotiations, the International Underwriting Association has warned.
London Market must ‘adapt and evolve,’ says Probitas senior underwriter
The London Market is afraid and reluctant to change, says Probitas senior underwriter James Andlaw.
Brokers must offer more Shariah compliant products, says IIAL
The Islamic Insurance Association of London has called for brokers to better meet their Muslim clients’ needs by offering Shariah compliant products.