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Insurance Regulation

Lloyd’s Gets Approval on Special Purpose Vehicle

14 January 2021 alastair walker 0

Lloyd’s today announced that it has received regulatory approval from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to set up a new multi Insurance Special Purpose Vehicle (mISPV). The approval is […]

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Global insurance trends

Insurers Increase Digital Spending as 2021 Gets Going

6 January 2021 alastair walker 0

2020 was a year to forget in many ways, but across the insurance sector the pace of digital change accelerated. Here’s some news and survey insights from EIS; ·       2020 was a year that no one forgets, with […]

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Lloyd's/London Market

Sequel Partners With ACORD on Data Workflows

21 December 2020 alastair walker 0

Global IT services and software firm Sequel Business Solutions today announced a partnership with ACORD as its strategic global messaging partner. As a Licensed Integrator Partner of ACORD Solutions Group (ASG), Sequel will be leveraging ASG’s […]

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Lloyd's/London Market

Opinion: For The London Market, The Only Way Is Digital

11 December 2020 alastair walker 0

The COVID-19 pandemic has posed the most significant challenge ever faced by the London Market and caused unprecedented disruption – yet it has kickstarted an equally unprecedented wave of change. Tom Payne, Managing Director for […]

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Lloyd's/London Market

UK P&I Club Welcomes Covid Vaccine

7 December 2020 alastair walker 0

Looking towards 2021, Sophia Bullard, Crew Welfare Director at UK P&I Club, eagerly anticipates the rollout of a Covid-19 vaccine and calls for more gender diversity at sea: “2020 has been an extremely difficult year for seafarers, […]

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Lloyd's/London Market

Concirrus Launches Automated Marine Cover

2 December 2020 alastair walker 0

Leading Insurtech, Concirrus has announced a fully automated, algorithmically driven underwriting application for Marine Insurance. A company or syndicate can use the application to triage and quote business instantly from any location, at any time. […]

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Lloyd's/London Market

New Ventures: Inigo Raises $800m, They Are Good To Go

23 November 2020 alastair walker 0

Inigo Limited (Inigo), a new insurance group, announces that it has successfully completed a capital raise of approximately $800 million from a consortium of global investors comprising (amongst others) funds controlled by Caisse de dépôt […]

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Lloyd's/London Market

Blink Interruption Offers Parametric Solution To Lloyds/London Market

19 November 2020 alastair walker 0

Irish Insurtech Blink, will today present the latest offering in its suite of parametric insurance solutions to an audience including Lloyd’s market, insurance and reinsurance experts and mentors of the Lloyd’s Lab innovation accelerator programme. […]

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