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Lloyd's/London Market

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

22 January 2021 alastair walker 0

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 […]

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Motor Insurance

Car Market: We’re Gonna Rock Down To Electric Avenue

22 January 2021 alastair walker 0

The UK car buyer is thinking electric in 2021, so says the RAC; Nearly eight-in-10 drivers (78%) think that pure electric cars are still too expensive when compared to conventional vehicles of a similar size, […]

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Global insurance trends

Liberty Launches German Market Terrorism Cover

21 January 2021 alastair walker 0

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched new terrorism insurance coverage in the German market effective immediately. Since LSM entered the market in 2018, business written used the standard London […]

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Lloyd's/London Market

London Market: LIIBA is Thinking Global After Brexit

21 January 2021 alastair walker 0

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 […]

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Travel Insurance

GlobalData: Thailand Insurance Market in Focus

21 January 2021 alastair walker 0

The general insurance gross written premium in Thailand is projected to grow from THB253.6bn (US$8bn) in 2019 to THB285.6bn (US$9.4bn) in 2024, according to GlobalData, a leading data and analytics company. GlobalData has revised Thailand’s […]

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Lloyd's/London Market

Willis Towers Sees Insurer Opportunities in Renewables

19 January 2021 alastair walker 0

Climate change and the subsequent transition to renewable energy and low-carbon initiatives, as well as the growing significance of Environmental Social Governance (ESG) pressures, will transform the renewable energy industry risk landscape, according to Willis […]

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Global insurance trends

Deals: Porch Acquires Homeowners America & V12

18 January 2021 alastair walker 0

Porch Group, Inc., a leading vertical software company reinventing the home services industry, has announced four strategic acquisitions that strengthen the Company’s rapidly expanding platform for home service companies and homeowners. Homeowners of America (HOA) […]

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Global insurance trends

US News: Gallagher Buys Cain Insurance Services

7 January 2021 alastair walker 0

Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Fredericton, New Brunswick-based Cain Insurance Services Ltd. Terms of the transaction were not disclosed. Founded in 1986, Cain Insurance Services is a retail property/casualty broker offering […]

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