InsureTech

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 needs to modernise even faster, in order to keep […]

Lloyd's/London Market

Events: ACORD Meet-Up Looks at Reinsurance, From Placing to Settlement

Straight-through processing is the only viable long-term solution to tackling the re/insurance industry’s ongoing challenge with out-of-control expense ratios, but is about people as much as technology, was one of the key takeaways from ACORD’s […]

Opinion

Lloyd’s Future: Will The Digital Transformation Happen Fast Enough?

The Future at Lloyd’s prospectus presents more questions than answers according to DevOpsGroup CEO James Smith. Here, he outlines key considerations for the insurance sector as it transforms for enduring relevance in the digital economy. […]

Insurance Brokers

Broker Update: CNA Hardy Updates Its Cyber Offer, With Range of Extras

CNA Hardy, a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets, is pleased to announce significant enhancements to its Cyber proposition with a new pre-breach service and vital additional coverages. […]

Lloyd's/London Market

New Report Looks at Skills Gap in London Insurance Market

The London Market Group (LMG), in association with KPMG, launched a report entitled ‘The future of skills in the London Market’. Based on market-wide research the report sets out where the Market is today and is […]

News

Commercial Sector: Lloyd’s Invests in Layr SME Platform

Lloyd’s has confirmed it will invest in Layr, a cloud-based commercial insurance platform for small businesses, following a successful trial in the Lloyd’s Lab, which last week welcomed a second cohort of 12 InsurTech start-ups. Layr, which is […]

Lloyd's/London Market

London Markets: David Batchelor is New Non-Exec Chairman of Talbot Group

American International Group, Inc. (NYSE: AIG) today announced that Talbot Group, the Lloyd’s of London insurance and reinsurance specialist acquired through the purchase of Validus Holdings in July 2018, has appointed David Batchelor as Non-Executive […]

Lloyd's/London Market

Industry Update: Hiscox Results Shows GWP Income Is On The Up

Hiscox Ltd (LSE:HSX), the international specialist insurer, today issues its trading statement for the first three months of the year to 31 March 2019. Gross written premiums grew by 3.3% in constant currency to $1,164.7 […]