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 […]

Lloyd's/London Market

Sequel Partners With ACORD on Data Workflows

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 […]

Lloyd's/London Market

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

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 […]

Lloyd's/London Market

UK P&I Club Welcomes Covid Vaccine

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, […]