Commercial Lines related articles – Page 87
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PIB Group launches 2021 acquisition strategy by purchasing construction broker
PIB chief executive says the acquisition marks ‘the start of many more exciting developments to look forward to this year’ as the business plans to grow in Europe
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Pen Underwriting strikes capacity deal with Zurich for hazardous goods and tanker transportation
The five-year deal will see Zurich provide capacity for £165m worth of premiums
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Engagement in the FCA’s BI court process ‘a good thing for the industry’ says Ageas claims boss
The insurer’s claims director believes the insurance sector has taken a ‘collaborative approach’ to dealing with the BI claim fallout arising from the coronavirus pandemic lockdowns
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SRG buys equestrian broker following investor backing
Group chief executive says the acquisition’s ‘sector expertise is exactly what we want to develop’
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Lloyd’s underwriting room to open on Wednesdays only amid Tier 4 lockdown
The London market took the same measure during the national lockdown earlier in the autumn
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Lloyd’s to stop insuring fossil fuel projects by 2030
The London market will aim to reduce premium income from fossil fuel to just 2% of premium income by 2022
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Catastrophe losses cost insurers $83 billion in 2020
Losses from secondary peril events are forecast to increase, driven by climate change - Swiss Re sigma
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RSA confirms managing director for London Market business
The interim posting has been made permanent
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Novidea looking to grow internationally following specialist broker on-boarding
Novidea is targeting commercial non-commoditised business
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Data sharing needs to improve for London Market to lead in cyber insurance
A panel of industry experts highlight why London is the natural “hub” for cyber insurance provision and what the market needs to do to lead from the front in this product line
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Brit appoints new group chief financial officer from RSA Scandinavia
The new hire will start in May 2021
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Specialist motor insurer boosts expansion plans by backing Lloyd’s syndicate
The insurer will work with Arch Managing Agency Limited to transfer managing agency responsibilities in the next few months, but this is subject to Lloyd’s approval
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Insurance Times Awards finalist 2020 Q&A: CDL’s Hummingbird syndicate puts insurance providers in the cloud
This month the winners for Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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London market startup received launch go-ahead
The London market startup has also appointed the former president and chief executive of AIG’s Lexington Insurance
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Newly launched London market broker begins trading
A new independent intermediary has been founded by two London market brokers
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Fourth consecutive year of rate rises gives Lloyd’s tail wind to deliver its plans
Lloyd’s of London anticipates it will pay £5bn in Covid-19 claims, but John Neal says this is good news
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John Neal reveals Lloyd’s of London’s ultimate goal
In a Q3 trading update, the Lloyd’s boss revealed his ultimate goal for the marketplace and why it continues to focus on performance agenda
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Lloyd’s Brexit transfer gets final High Court approval
This transfer will be effective just after midnight on 30 December 2020
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Three ex-Hiscox bosses set up new Lloyd’s insurance group
NatWest Group’s Sir Howard Davies has been appointed as the group’s chairman