Global insurance trends

Mosaic Speciality Launches With PE Investors On Board

Mosaic, a next-generation global specialty insurer combining newly-formed Lloyd’s Syndicate 1609 with sophisticated underwriting talent, has launched operations in Bermuda, London, the United States and Asia. Mosaic is founded by seasoned industry executive Mitch Blaser, […]

Lloyd's/London Market

New Report Looks at e-Trading Take-Up Across London Market

The uptake of e-trading platforms has been accelerated by the COVID-19 crisis in parallel with Lloyd’s Blueprint Two, according to InsTech London’s report, published recently. The report ‘E-Trading Platforms: Challenges, Opportunities and Imperative – An […]

Lloyd's/London Market

Concirrus and Arch Team Up on Quest Marine Platform

Leading insurtech, Concirrus and Arch Insurance International, part of Arch Capital Group Ltd. (ACGL), have entered into an agreement to use the behavioural analytics platform, Quest Marine. Quest Marine digitalises the assessment, pricing, and monitoring […]

Lloyd's/London Market

Latest CyberCube Updates, Syncing With Lloyd’s Advice on Risk

CyberCube has updated its data-driven analytic software to seamlessly enable insurers to quantify losses to scenarios that Lloyd’s has issued to syndicates for the upcoming March data collection deadline.  These scenarios are used to report to Lloyd’s on […]

Lloyd's/London Market

London Market: LIIBA is Thinking Global After Brexit

Helping its members deal with the Covid-19 pandemic and supporting post-Brexit trading will continue to be priorities for the London and International Insurance Brokers’ Association (LIIBA), the trade body said today. Speaking as LIIBA published […]

Opinion

Will Insurers Have to Go Woke, Or Risk Being Cancelled?

A little bit of legal expert opinion today prompted your IE Editor to consider the relentless rise of the Wokerati faction in Western societies. Should insurance companies, MGAs and brokers continue playing along with the […]

Insurance Regulation

Lloyd’s Gets Approval on Special Purpose Vehicle

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 […]

Global insurance trends

Insurers Increase Digital Spending as 2021 Gets Going

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 […]