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
Lloyd’s Market: SSL Endeavour Launches Cyprus/Greece Subsidiary
Specialist independent Lloyd’s broker and delegated authority expert SSL Endeavour Limited (“SSL Endeavour”) today announces that a wholly owned subsidiary, SSL [...]
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 [...]
Marine Market: Shipoil Streamlines Online Trading & Supply Operation
The Greece-based global bunker fuel and marine lubricants trader Shipoil has appointed Inatech, a unit of Glencore, to digitalize its trading and supply operations as part of [...]
Marine Insurance Costs Set to Rise as Persian Gulf Drama Plays Out
Jonathan Moss, head of transport and marine at global legal business, DWF, comments on the seizure of the British vessel in the Persian Gulf and the subsequent impact on [...]
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 [...]
Reinsurance: Willis Towers Publishes New Market Insights & Data
Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to [...]
Average Cargo Theft Costs Around $77K, Says TT Club Survey
TT Club and BSI have issued the second edition of their report on global cargo theft, the first to cover a full year. Highlighted findings include: theft from road vehicles [...]