Lloyd’s/London
HW Wood bolsters London business
Lloyd’s broker HW Wood has bolstered its London business through three senior market hires.
Lloyd’s backs Barbican and Toa Re SPA
Toa Re and Barbican have received ‘in principle’ approval from the Lloyd’s Franchise Board to establish Toa Re Special Purpose Arrangement.
Beazley appoints Nationwide chair David Roberts to lead board
Lloyd’s of London insurer Beazley has appointed top banking executive David Roberts as its new chairman.
International: Trade credit demand is up
European political instability and financial regulations are pushing demand for trade credit cover, especially from banks that are keen on optimising their capital.
Lloyd’s market and international consolidation in the cross hairs at BP Marsh
BP Marsh has affirmed its confidence in the Lloyd’s and London insurance market as target growth area as the sector investor looks to diversify its book with overseas business.
Private equity firm invests £3m in Lloyd’s broker
Altra Consultants has received £3m investment to fund further growth in its Lloyd’s broker business.
Hamilton appoints Munich Re chief Giuseppina Albo as CEO
Munich Re board member Giuseppina Albo is leaving the group to become CEO of Hamilton Insurance Group.
Neon launches Italian underwriting venture
Neon has launched an underwriting operating in Italy with Cambiaso Risso, who will have a minority shareholding in the venture.
Novae adopts Axis brand as deal is completed
Axis has completed its acquisition of Novae, which will be merged into the Bermudan-insurers brand.
FERMA 2017: Risk managers warned cyber is a business risk with no boundaries
Sabine Coessens, operational risk manager, Proximus, urged risk managers to return to their offices, check all their policies for cyber cover and get a standalone policy.
Insurance United Against Dementia: Swiss Re UK CEO O'Neill on why tackling Alzheimer's is important
Cycling up mountains is a pretty extreme way to spread the word about the work of Alzheimer’s Society far and wide.
FERMA 2017: Risk managers urged to have ‘open dialogue’ and make sure firms are honest about risks
Inga Beale, CEO of Lloyds, has urged for a change in business culture to allow firms to admit to mistakes or errors so insurers can properly cover their risk exposures.
Lloyd’s writes $738m cheque to cover Harvey, Irma and Maria
Lloyd’s of London has paid $738m for Harvey, Irma and Maria claims.
Barbican makes two senior promotions
Barbican has promoted David Booth to director of underwriting of Barbican Managing Agency and Andy Caldwell to active underwriter.
International: Escape to Canada
The Canadian market offers unique opportunities for UK brokers, explains Servca's managing director Nomaan Jamal.
Hiscox appoints Kate Markham as CEO of London Market business
Hiscox has appointed Kate Markham to its newly created role of CEO of its London Market business.
Interview: Manjit Takhtar, Charles Taylor Insurance Services
Manjit Takhtar, finance director and interim CEO of Charles Taylor Insurance Services, talks about hurricane claims and the role of the business in incubating maanging general agents.
Dive In Festival confirmed for 2018 following this year's high turn out
The annual Dive In Festival has been confirmed for another year, with 2017 counting the highest number of events, attendees, sponsors and participating countries to date.
Lloyd's signs AI deal with Expert System
Lloyd's of London has teamed up Italian technology firm Expert System to bring artificial intelligence into the market.
PPL update goes live with carrier integration capability
The latest update to the London market’s electronic placing platform went live today, bringing the first phase of a carrier integration capability.
Lockton names Willis P&C co-head to lead global marine
Lockton has hired Alistair Rivers as global head of marine and transportation.
Willis Re and Tiger Risk team up on reinsurance placement platform
Willis Re and Tiger Risk Partners have teamed up to develop the X-gRm reinsurance online placement platform.
Steve Eccles named CUO at Argo
Specialty underwriter Argo Group has named Steve Eccles as chief underwriting officer for its international business, subject to regulatory approval.
Greg Fleming steps down from Lloyd’s Council
Greg Fleming has resigned from his position on the Council of Lloyd’s as a result of work commitments.