Lloyd’s of London
Podcast: The top five stories of the week
Ida Axling and Siân Barton assess the events from the week commencing 12 February 2018.
Quizzical questions: 16 February 2018
Test your knowledge of the week's news with our topical quiz.
Lloyd’s and Kanye West settle £7.4m suit - reports
West originally launched the legal action in August 2017 after, he said, Lloyd’s syndicates failed to pay out for cancelled gigs on his Saint Pablo tour.
Nexus Group buys MGA Apsley Specialty
Nexus says deal expands its directors and officers and financial institutions offering which it wants to grow to £35m of GWP by 2020.
The Blog Spot: Female insurance bosses wanted
Insurance needs to change its “pale, male and stale” image and allow more women into the boardrooms, writes Ida Axling.
#Insagepeople: 5 - 11 February 2018
Keep up to date with all the latest people moves.
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.