International General Bermuda/UK Gets Upgraded Credit Rating
Rating agency AM Best has upgraded the financial strength and credit rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to [...]
Lloyd’s/London Market
Lloyd’s Market: LMG Launches EventWatch Service
As Hurricane Dorian tracks steadily towards the USA, it’s useful to know that the LMG have launched a 24/7 events monitoring service via smartphone app, which will be [...]
London Market: New Face at LM TOM
The London Market Group (LMG) today announced that Paul Brady, Head of Policyholder & Third Party Oversight at Lloyd’s, is the new sponsor for the delegated [...]
Lloyds Market: SSL Endeavour Makes New Hires, Finalising Worldlink Deal
Specialist independent Lloyd’s broker SSL Endeavour Limited (“SSL Endeavour”) announces two important senior executive appointments, Jonathan Palmer-Brown and Hugh [...]
Lloyd’s of London Now Completing Half of All Transactions Online
Lloyd’s of London is now completing over half of all insurance transactions electronically, as technology allows brokers, underwriters and insurers to assess risk, [...]
Marine: Hiscox Develops New Product to Combat Shipping Seizures by Nations
Hiscox, the specialist global insurer, has developed a new security product to help protect shipping targeted by nation states. Malicious Vessel Seizure will respond to a [...]
Lloyd’s Market: Beat Syndicate Announces Pre-Approval Invoice Deal
Beat Syndicate 4242 of Lloyd’s has become the first globally to insure the instant payment of business to business invoices against dilution risk, creating a brand new [...]
Insurtech: ClauseMatch Cuts Compliance Admin in Lloyd’s Lab Project
Almost everyone in the UK insurance sector agrees that the traditional way of doing business in the Lloyd’s dominated London market is rapidly changing – and [...]