Lloyd’s of London
The Blog Spot: Accelerate now to stay in the game
Ida Axling discusses the impact of driverless vehicles on the motor insurance industry and why brokers should act now.
Insurance sector "still in the game" to cover driverless cars
But regulation around autonomous vehicles needs to change, says LMA's David Powell.
Travelers Europe opts for Dublin in response to Brexit
Insurer joins XL Group in choosing the Republic of Ireland.
Review of the year: May 2017
As May rolled around our most read stories included an £800m debt offer, redundancies, rumoured deals and senior management departures.
The Blog Spot: IPT and the tech revolution
Ida Axling shares her thoughts on this year’s Autumn Budget.
FCA to launch enquiry into wholesale insurance brokers
Regulator aims to ensure the wholesale market "fosters innovation and competition".
Brexit could see 75,000 financial services jobs lost
Reports suggest that the Bank of England believes that many London roles could go overseas if there is no Brexit trade agreement in place.
CFC revamps product for technology companies
MGA says new offering follows consultation with its broker partners.
SJL Insurance Services becomes Lloyd’s broker
The broker has opened a London office following receiving Lloyd’s accreditation.
Biba teams up with Servca for medical indemnity scheme
Scheme backed by Lloyd’s A-rated capacity.
“Challenging conditions” cause Lloyd’s profit slip
Pre-tax profits have fallen to £1.22bn for the first six months of 2017 compared to £1.46bn last year.
Dive In: 71% of insurance workers want culture change
Survey reveals insurance staff believe culture within firms needs to change as diversity festival Dive In kicks off.
#Insagepeople: 25 September - 1 October
Keep up to date with all the latest people moves.
Leadenhall Market evacuated after “suspicious package”
A number of insurance brokers are based around the historic market which was closed by City of London Police while investigations took place.
CFC launches dark web monitoring tool
MGA says CFC BreachAlert will notify policyholders in real-time if any of their data is posted on the dark web.
ERS launches agriculture operations team
Insurer says move follows feedback from brokers wanting easy access to its agricultural operations.
Tokio Marine Group picks Luxembourg as post-Brexit base
According to the firm its aim is to have the new insurance company incorporated and capitalised within the first half of 2018.
Servca launches wholesale medical malpractice policy
Policy is underwritten by Lloyd's and London market ‘A’ rated capacity.
Broking break: Your Top Five
Deals, bribery offences, Arnold Schwarzenegger and Kanye West hit the headlines this week and make up the five most popular stories.
Lloyd's syndicates file counterclaim in Kanye West $10m insurance claim
Insurers file countersuit to rapper’s demand for payout for cancelled dates, saying it has found discrepancies in his medical history.
ABI slams “unnecessary, unworkable and unfair” motor ruling
ABI warns that owners of vehicles like golf buggies and motorised lawnmowers could be forced to take out third party insurance unless the European Commission takes action.
Tasker Insurance names Robert Organ as new CEO
Former Bluefin CEO replaces founder and current chief executive Paul Tasker.
Quizzical questions: 04 August 2017
Test your knowledge of the week's news with our topical quiz.
Inga Beale named as new CII president
In addition, Jonathan Clark is elected as new CII deputy president.