While the topic of digital transformation has been around for the past decade, consultancies continue to warn that further transformation is required. Post, in association with Marklogic, held a roundtable with senior figures from the insurance industry,…
Arnold Schwarzenegger’s decapitated head kicked off its last outing on our television screens this week as the FCA counts down to the PPI deadline on 29 August. However, as one battle comes to an end, another may be just beginning.
Lloyd’s of London has established two advisory committees featuring prominent industry figures to support its ongoing modernising strategy.
Mike Wilson, the former head of Lloyd’s Policy Signing Office in Kent has died.
Diversity and inclusion have moved from buzzwords to being embraced by the insurance industry for all the right reasons but is it doing enough?
Having been through one merger already Axa XL’s UK CEO Paul Greensmith, took the most recent change in his stride. But he explains to Jen Frost that, even though his part of the business is now part of the behemoth Axa, it will retain its agility,…
This week, along with the rest of the team, I attended the British Insurance Brokers’ Association conference. I knew it would be an action-packed week - but nothing could prepare me for what was ahead.
It was the Competition and Markets Authority that recently put paid to Sainsbury’s and Asda’s marriage plans, but there are plenty of other risks that also regularly threaten the success of mergers and acquistions – ranging from the uncovering of…
The Lloyd’s Market Association has announced three new board members following a recent board election.
The London Market Group has called for urgent action to take charge of how market organisations acquire the skills they need to face the future.
Lloyd’s has commissioned the Banking Standards Board to conduct an independent survey on the workplace culture and standards of behaviour within the market.
Eight out of 10 Lloyd’s syndicates met electronic placement targets during the first quarter of 2019, according to data released by the board of the Placing Platform Limited.
Lloyd’s has invested in an insurtech cloud-based distribution platform for small businesses, following a successful trial in the market’s tech incubator.
Lloyd’s CEO John Neal today launched a 10-week consultation on the future strategy of the insurance market, presenting six proposals that “could form the blueprint for a new Lloyd’s”.
Talking following the launch of new venture Convex yesterday, Stephen Catlin said “there is a vacuum of leadership in the London market”.
The Financial Reporting Council has issued sanctions against KPMG and others in relation to its Equity Syndicate Management audit.
Canopius and Amtrust Lloyd’s have signed a merger agreement that is expected to see the combined operations become a top five Lloyd’s managing agent.
Insurance has a long history but as David Germain, chief technology officer for RSA, explains, the sector still needs to keep up with technology.
Post held its reputation event this week, which felt somewhat prescient as parts of the industry were shamed on diversity and inclusion.
With Team Fortitudo emerging successful after the Debate challenge last week, the apprentices now move onto their second task.
Lloyd’s syndicates will continue to face a rigorous performance management regime, as the market seeks to boost its profitability.
Lloyd’s of London was slammed with another vast loss in 2018, following on from its £2bn loss in 2017.
Lloyd’s has developed a plan of action to create a ‘safe and inclusive’ working environment, following reports of sexual harassment, which could include lifetime bans for perpetrators.
Lloyd’s diversity festival, Dive In, has been confirmed for a fifth year, a day after the market was slammed for an ingrained "culture of sexual harassment".