Lloyd’s of London
Vibe Syndicate Management closes business units
The Lloyd’s MGA is to cease underwriting new and renewal accident & health and property D&F business amid strategic review as it pledges “orderly transition” for customers and brokers.
RSA brings together commercial divisions
The merge of CRS and GRS follows provider's decision to reduce its London market and specialty risks portfolios.
Guy Carpenter boss fired over sexually suggestive email - reports
As well as this employment change two of the VP’s colleagues have faced severe internal penalties.
Former Allianz Scotland-head joins HDI Global SE
Stephanie Ogden will move from Lloyd’s after just over a year and has ten years’ experience of working at Allianz.
Aon UK confirms solicitors’ PI cover has been withdrawn
Its MGA Maven Underwriters lost Lloyd’s support and Aon states it has found alternative cover for its clients using Maven.
Avid agrees sale of majority stake to Beech Tree
The private equity move sees co-founder Gary Edmondson leave the managing general agent.
Quizzical Questions: 2 August 2019
Test your knowledge of the week's news with our topical quiz.
Lloyd's announces new cohort of 11 InsurTechs
InsurTech Futures: The teams will receive mentoring and the opportunity to test their products as part of the Lloyd's Lab programme.
Former Lloyd’s chief actuary joins ERS
A number of management changes will also see Peter Smith return to the firm as claims director.
G&M International introduces intellectual property insurance
The policy protects ideas, logos, designs and patents and provides business interruption and collateral protection.
Beazley’s COR worsens to 100% in H1 2019
But provider also reveals 189% pre-tax profit jump as new head of broker relations, Lou Ann Layton, states there is “lots of room for growth in the brokerage community”.
NED salaries in the insurance sector revealed
Research shows brokers pay their non-executive directors 18% less than insurers do.
Lloyd’s strategy change gets market backing
The Future at Lloyd’s prospectus was launched in May and includes six “transformational” proposals.
Dive in registration opens tomorrow
Festival promoting diversity and inclusion will explore mental health and the issue of bullying and harassment.
Lloyd’s to hold confidential focus groups on market culture
Move is the latest step in Lloyd’s attempts to tackle its ongoing culture problems, following a string of sexual harassment reports.
Dive in Festival to "address the insurance #MeToo movement"
Insurance Age speaks to Pauline Miller of Inclusion at Lloyd's ahead of this year's festival as registration opens later this week.
Lloyd's CEO admits that culture problems are ongoing
In a speech at the MGAA annual conference, CEO John Neal declared “whatever we’re doing isn’t enough”.
#Insagepeople: 1 - 5 July 2019
Stay up to date with the latest people moves.
Quizzical questions: 28 June 2019
Test your knowledge of the week's news with our topical quiz.
The Blog Spot: Women in insurance, is anything changing?
Aara Syed questions how far insurance has come in its treatment of women.
Lloyd's launches product innovation facility with £53m capacity
New initiative to focus on emerging risks, with underwriters from a range of different businesses taking part including Tokio Marine Kiln, Beazley and Hiscox.
Lloyd’s suspends employee for “inappropriate comments” – report
Chief executive John Neal revealed a suspension had been made as the market strives to crackdown on behaviour amid reports of a sexist culture at the organisation.
Tokio Marine Kiln: Figures revealed following closure of UK arm
Most recent results for Tokio Marine Kiln Group show losses for TMKI which is now being placed in run-off.
The Blog Spot: First impressions
Commissioning editor Laurence Eastham reflects on his first month in the insurance industry.