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JLT boss draws parallels between terrorism and flood insurance

flooding

The Government’s £200m cuts on flood defences could have a catastrophic effect on the commercial property market by making flood insurance unavailable.

This warning came today from Bill Gloyn, partner, European real estate at broker Jardine Lloyd Thompson, and chairman of the British Property Federation insurance committee and immediate past

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Lloyd’s probe deepens after Clement promotion cleared

Lloyd’s is believed to have widened a fresh investigation into top-level behaviour, just as a report emerged that October’s review of the London Market’s former CEO John Neal’s relationship with his former head of corporate affairs Rebekah Clement ruled it wasn’t inappropriate.

Hidden risks in insurers’ culture and misconduct data

Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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