Lloyd’s of London
Lloyd’s picks 11 for latest lab cohort
The insurtechs have been selected based on solutions geared towards four key themes: decarbonisation and climate change; supply chains; data and models; and claims.
Lloyd’s CEO John Neal in hospital after cycling accident
The marketplace’s leader is expected to make a full recovery after sustaining serious injuries.
Lloyd’s posts underwriting and pre-tax profit for 2021
The marketplace swung back to £2.3bn profit after a loss of £900m in 2020.
Atrium expresses deep regret over misconduct after Lloyd’s issues £1.05m fine
Discrimination, bullying and harassment failures led to the Lloyd’s managing agent’s record-breaking fine.
Atrium fined over £1m by Lloyd’s for discrimination, bullying and harassment failings
The fine is the largest ever handed down by the Lloyd’s Enforcement Board as it listed charges including an annual “Boys Night Out” that featured initiation games, heavy drinking and making inappropriate and sexualised comments about female colleagues.
Government sets 28 March deadline for Russian aviation insurance ban
The UK government revealed the insurance sanctions on 3 March in response to the invasion of Ukraine by Russia.
People moves: 28 February - 4 March 2022
Keep up to date with the latest industry news.
Lloyd’s open for growth but demanding sustainable performance
Market leader stresses remediation is not a ‘once and done’ exercise as focus increases on catastrophe risks.
UK brings in sanctions blocking Russian access to aviation insurance
AM Best put ratings of suite of Russian insurers and reinsurers on negative watch at the start of the month.
SJL set ups Bristol ‘hub’
It is the third office for the business, and founder Simon Lancaster says there are plans to open in other areas of the UK
Brokers urged to engage with Lords' Committee's insurance market regulation inquiry
Biba confirms it will be will be putting in a response to the consultation which closes on 11 February as compliance experts discuss whether the inquiry could have an effect on the regional broker market.
New broker NW Risk Solutions launches
NWRS, led by MD Peter Stevenson, has joined James Hallam's Appointed Representative Partnership Programme.
Lloyd's announces leadership structure for Blueprint Two programme
CFO Burkhard Keese will take on the role of COO while Bob James, director of marker transformation, will be responsible for the delivery of the company's Blueprint Two programme.
Richard Rogers, Lloyd's building architect, passes away
Lord Rogers designed the Lloyd's building on Lime Street in London.
HMRC flags potential code of conduct for brokers in IPT consultation update
Government outlines the next steps and details responses from industry stakeholders, including brokers, insurers and trade bodies.
Consilium adds PI cover to asbestos scheme
The product is available to asbestos removers, demolition contractors, surveyors, general building firms, and allied trades.
Protesters target Convex over coal
Activist group Market Forces is attacking the provider for refusing to rule out insuring the Adani Carmichael coal mine in Australia, in the latest climate protest aimed at the insurance industry.
News Analysis - How is US money reshaping the UK market?
David Worsfold explores the power of the dollar in broking and examines the drivers behind US investment into the UK market.
Xenia buys two specialist teams from Lloyd's broker PNP
The deal sees the Nexus-owned business expand into the financial and specialty risks market.
Dive-In reaches largest ever audience
The diversity in insurance event featured 145 sessions and saw 31,000 people participate.
Protesters spill 1,000 litres of fake oil on Lloyd’s doorstep
A one-tonne tank of plant and water-based biodegradable oil flooded the area in front of Llyod’s headquarters in Insurance Rebellion's latest protest targeting the market over links to fossil fuels.
Lloyd's joins the Net Zero Insurance Alliance
Corporation commits to the transition all of its operational and attributable greenhouse gas emissions to net zero by 2050.
Beazley sets up ESG specialist syndicate
The organisation will focus on providing capacity to businesses that perform well on environmental and social governance metrics.
MGAA signs up first Republic of Ireland member
Dublin-based MGA Blackrock Insurance Solutions has joined the trade association.