Lloyd’s syndicates’ plans for 2021 include £11bn of fresh business, but some will be told that they must continue to focus on performance over growth as the market looks to “finish the job” it embarked on 2018 of turning around its profitability woes.
Virtual Roundtable: Has Covid-19 helped speed up the digitalisation of insurance customer communications?’
Post gathered a group of experts together for an interactive digital roundtable at which we discussed how insurers and their partners can maximise satisfaction, despite policyholders being in lockdown; and build long-standing relationships that will…
With analysts cautioning the Covid crunch will begin to bite insurers in the second quarter of 2020, Post investigates what impact the coronavirus pandemic has already had in the first quarter
Trilogy Managing General Agents has appointed Peter Staddon as a non-executive director, effective immediately.
With the current insurance market hardening at a rate not seen in over a decade, Risk Solved non-executive Richard Thomas argues those firms that drive improved risk profiling and begin to fully appreciate the quality of the risks within their portfolio…
Axa XL has confirmed former Lloyd’s leader Sean McGovern as CEO for the UK and Lloyd’s market having held the role on an interim basis since April.
Recently capital raisings by insurers aimed at ensuring they have sufficient capacity to support their trading partners and clients during the Covid-19 crisis have been widely reported. Clare Lebecq, CEO of the London Market Group believes the ability of…
Insurance Covid-Cast: Future of Insurance Work - What do millennials want from their employers; and has it shifted due to Covid-19?
For the 32nd episode of Post and Insurance Age’s video series we gathered together a panel to discuss how millennials have experienced lockdown and what temporary practices they would like to see made permanent.
Insurtech Concirrus has raised $6m (£4.8m) through an investment from Commerzventures, Post can reveal.
Direct Insurance Group has appointed Andy Graham as head of specialist liability for its London market and Lloyd’s broking division.
Spotlight: Lloyd's and the London market: Covid-19 – jump-starting a tech revolution in the London market
Covid-19 has forced the insurance sector to take a long hard look at how it uses technology. Handing over back office functions is allowing firms to tackle what they do best – pricing and underwriting
With the launch of Blueprint One last September, Lloyd’s has demonstrated its commitment to an ambitious programme of modernisation for the London Market. But, as research conducted by Post with WNS found, opinion is split on the success of the proposed…
Capacity Place, an online marketplace for insurance programme capacity launched last week, could “massively shorten” the amount of time it takes to initiate and complete programme transactions, according to its CEO Marco Del Carlo.
Lloyd’s is working on non-damage business interruption cover for SMEs as part of recovery efforts to fast-track global economic and societal recovery from the “far-reaching” impacts of Covid-19.
In the 30th episode of Post and Insurance Age’s video series we gathered together an expert panel to discuss what the future holds for managing general agents.
Tony Russell, chief commercial officer at Charles Taylor Insuretech, spoke to Harry Curtis about how insurance companies are upgrading their technology in London and overseas, the changing dynamics in the world of insurtech, and lessons from the…
In this month’s column, David Worsfold looks at insurance past, present and future in light of the pandemic and the recent Black Lives Matter protests.
The latest Empower Top 100 list includes 11 Black, Asian and minority ethnic leaders and future role models working in insurance.
Trade credit and the political risks class were among those with the greatest Covid-19 predicted insured losses, ranking behind only hard-hit areas such as business interruption and contingency, in a scenario analysis published by Willis Towers Watson in…
Briefing: EC3's 'Plantation Place' – Insurers back renaming as London’s Square Mile faces up to slavery links
When the Black Lives Matters movement blew up in the UK following the death of George Floyd in Minnesota I wondered how long it would take before the insurance sector came under the spotlight.
Fidelis has again increased its capital reserves through a $300m debt raise, meaning the specialty insurer and reinsurer has now raised in excess of $1bn in capital this year.
Lloyd’s of London and RSA have addressed their historic involvement with the Atlantic slave trade and committed to continuing work to tackle racism.
The future of the Lloyd’s underwriting room after the Covid-19 pandemic is in doubt, with the success of remote trading raising questions over the necessity of insurers paying for square footage in the City.
Christopher Croft, CEO of the London and International Insurance Brokers’ Association has called for brokers to play a more active role in the sale of business interruption insurance to small and medium businesses.