Lee Elliston, Lloyd’s Market Association claims director, considers what the claims workforce of the future is likely to look like.
RSA is raising £350m through a senior notes offering, which it intends to use for “general corporate purposes”.
Nothing says team building quite like stumbling around a dark maze, falling headfirst into mirrors and haphazardly shooting lasers at your colleagues. Or so the democratic vote we held a few weeks earlier decreed.
An ex Aon employee has hit out at the global risk and consulting giant, alleging that she faced sexist behaviour that led to “mental health complications” and made her feel she had to leave the company.
Jonathan Palmer-Brown and Hugh Crossland, both formerly of JLT, have joined SSL Endeavour as group non-executive chairman and group chief financial officer respectively.
The Governor of the Bank of England has described climate as a “big, big issue” for general insurers and reinsurers.
A majority stake in managing general agent Avid has been sold to Beech Tree Private Equity.
The political risk map of Europe is being changed by a toxic combination of uncertainty — both political and economic, populism, geopolitical changes, political violence and technological advances
Lloyd’s syndicates placed 60.2% of in-scope risks electronically during the second quarter of 2019, surpassing the 50% target set in December.
Specialist motor insurer ERS has reported a profit of £3.1m, a decrease on £5.6m for the same period last year.
Lloyd’s has selected 11 insurtech companies to join the market’s incubator at the beginning of September.
ERS has made changes to its senior team, as chief finance officer Kate Wade has chosen to take some time out of the market.
RSA UK & International CEO Scott Egan hailed progress in the first half of 2019, but said the insurer will remain “vigilant” where it comes to its London Market business.
Arch Capital has agreed to buy Lloyd’s insurance group Barbican.
Nexus has acquired financial and professional lines managing general agent Plus Risk Limited.
The London insurance market is facing a huge skills shortage as insurance firms struggle to compete for talent. While a huge number of baby boomers are retiring from the sector and taking those long-held skills with them, there is also a distinct lack of…
Beazley saw double-digital premium growth in the first six months of the year, posting a pre-tax profit of $166.4m (£133.9m) largely driven by “exceptional” investment returns.
Miller CEO Greg Collins has emphasised the need to root out ‘unpleasant and unhelpful views’ in the industry ahead of the fifth year of diversity and inclusion festival, Dive In.
Six proposals to modernise Lloyd’s, including setting up two digital platforms, have received widespread backing from market participants following a 10-week consultation.
This week the best and brightest in the insurance community gathered in the Royal Albert Hall for the 25th British Insurance Awards.
Allianz was among the big winners at the 25th British Insurance Awards at the Royal Albert Hall scooping three individual awards including General Insurer of the Year.
This month’s issue looked at reputational issues the sector is facing and what needs to be done to improve the industry's reputation going forward.
Lloyd’s market participants will soon be required to clearly state whether policies cover cyber-related losses, such as cyber-attacks and loss of data.