Lloyd’s/London
Big Interview: Ola Jacob, Descartes Underwriting and Biba
Six months into his tenure at Descartes Underwriting, and not long after being announced as the new chair for Biba’s South East and London committee, Ola Jacob sits down with Scott McGee to talk about the potential of parametric insurance, and what his…
Big Interview: Jason Storah, Aviva
In his first full profile interview since taking over as UK and Ireland General Insurance CEO at Aviva, Jason Storah sits down with Scott McGee to talk about the insurer's re-entry into Lloyd's, where else Aviva could yet expand, and the differences…
Construction adjuster builds out with London team
Specialist Lines, a niche construction and engineering loss adjusting firm headquartered in Bury, has launched a new London Market and International division with the recruitment of a team from Global Risk Solutions International.
Lloyd’s appoints Miller as US-based chief commercial officer
Lloyd’s has appointed its commercial director Dawn Miller as chief commercial officer and CEO of Lloyd’s Americas, effective 1 September, in a move that will see her relocate to New York later this year.
Aviva plans to ‘double’ Lloyd's business in the next few years
Aviva’s CEO of UK&I general insurance Jason Storah has said the insurer hopes to double its GCS business along with Probitas over the next few years.
Rokstone’s D&O head says there is less ‘moronic’ underwriting
Directors’ and officers’ insurance rates are set to flatten in the next 12 months, according to Jimmy Heaton, head of D&O for UK & Europe at Rokstone, who added there is now less moronic underwriting going on in the market than there was at the end of…
Lloyd’s DEI role model Sheila Cameron
Last year, Lloyd’s commissioned Franklyn Rodgers to create six portraits of diverse role models. We complete our series of spotlighting them all by speaking to Sheila Cameron, the CEO of the Lloyd’s Market Association
Cila boss’s son gets approval for ‘challenger broker’
Chris Bissell, son of Chartered Institute of Loss Adjusters’ executive director John Bissell, has received Financial Conduct Authority approval for his broker firm Bissell & Partners.
RSA’s UK specialty book expected to surpass £1bn by 2030
RSA’s managing director for UK specialty lines, Steve Watson, expects the size of the business he heads to double by the end of the decade primarily through building out new capabilities.
Lloyd’s confirms Blueprint Two delay alongside 2023 results
The first phase of Lloyd’s of London’s digitalisation programme Blueprint Two will now be rolled out in October, CEO John Neal has confirmed, as the market revealed profits before tax of £10.7bn for 2023.
Lloyd’s lands another big name entrant in Fidelis
The Fidelis Partnership has been granted in principle approval by Lloyd’s to launch a syndicate, in collaboration with Fidelis Insurance Group and Hampden Agencies – the largest provider of private capital to Lloyd’s.
British Insurance Awards 2024 shortlist revealed
The shortlist of the 30th British Insurance Awards, which will take place at the Royal Albert Hall on 3 July, is announced today.
How Blueprint Two will transform insurance
Post Podcast: Insurance has moved from parchment, to paper, to PDFs in the last few hundred years and Blueprint Two will hopefully help the sector transition towards frictionless processing, according to Rob Myers, operations director of the Lloyd’s…
Turbulence in the aviation insurance market
Between the aftershocks of a global pandemic and the spectre of losses resulting from the seizure of aircraft in Russia following the invasion of Ukraine, Harry Curtis explores how the 2020s got off to a turbulent start for aviation insurers.
There is still time to complete the Best Insurance Employer 2024 survey
Insurance Post has extended the deadline to be included in the 2024 Best Insurance Employer Survey.
Why poor data analysis is holding back the London market
Lack of trust in the use of data-driven methods among most London Market underwriters is “the elephant in the room for any competitive insurer” and Jamie Wilson, head of pricing and innovation at Hyperexponential, argues it’s high time the market…
Aviva’s Lloyd’s entry opens up ‘billions of pounds of business’
Aviva’s UK and Ireland general insurance CEO Jason Storah tells Insurance Post “there are billions of pounds of business that doesn’t get presented to Aviva” because it goes through Lloyd’s.
Lloyd’s to up cyber and nat cat scrutiny as market grows
Lloyd’s has laid out its approach to managing cyber and natural catastrophe risk, as the market presses on with plans to grow and build on the profits it made in 2023.
Insurance Women’s Inclusivity Network strikes a pose for IWD
For International Women’s Day, the Insurance Women’s Inclusivity Network took part in a special photoshoot inspired by the recent Vogue magazine cover featuring “legendary women”.
Lloyd’s reports £5.9bn underwriting profit for 2023
Lloyd’s has revealed the market achieved a £5.9bn underwriting profit in 2023 ahead of the publication of its full-year results later this month.
Beazley CEO hails ‘standout year’ for property underwriting
Beazley CEO Adrian Cox has labelled property risks as one of the insurer’s “biggest long-term opportunities”, saying that underwriting conditions increasingly favour the specialty market.
Hiscox sets sights on 5%-15% retail growth after subdued 2023
Hiscox is aiming to grow its UK retail business by 5% to 15% in 2024, after new business growth in 2023 fell “below management expectations”.
Aviva confirms Lloyd’s return with £242m Probitas deal
Aviva has struck a deal to acquire Probitas, confirming its return to Lloyd's this morning (4 March).
Who’s next on Lloyd’s Big Game hit list after snagging Aviva?
Content Director’s View: With Aviva tipped to return to Lloyd’s in 2024, Jonathan Swift weighs up who else might be trailed, tracked and snared by the market’s CEO John Neal.