Commercial Lines related articles – Page 90
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African-Caribbean Insurance Network berates insurers for lack of ethnicity pay gap reporting
Group calls for industry to commit to establishing data on their ethnicity pay gap, among other measures
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Insurance industry BAME retention issue ‘down to culture’ – African Caribbean Insurance Network
The insurance industry has long had an issue with retaining black and ethnic minority staff and this is ”down to culture”, this is according to the African Carribean Insurance Network.
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African Caribbean Insurance Network reveals six steps to racial inclusion in London Market
The African Caribbean Insurance Network (ACIN) has revealed its six recommendations to boost racial inclusion in the London Market.
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QIC Global appoints acting chief executive for Antares Syndicate 1274
The promotion from active underwriter to chief executive is effective from 7 July
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Insurtech Dialogue Exchange Global selected for Lloyd’s Lab latest Covid-19 cohort
The business aims to streamline the credit and political risk marketplace
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Jensten Group acquires wholesale and retail broker
Jensten Group Limited has acquired a wholesale and retail broker effective from today.
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Lloyd’s calls for industry and government collaboration to mitigate future systemic risks post-Covid19
Lloyd’s of London is calling for close collaboration between insurers, brokers, customers, the global industry and government in designing cover for future systemic risks, which it says are complex.
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Probitas 1492 gains Lloyd’s ‘in principle’ approval to establish managing agency
The new firm will assume the management of Syndicate 1492 from Capita Managing Agency Limited
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Lloyd’s of London reveals plans for September re-opening featuring Covid precautions
It will be making use of video calling as well as establishing a virtual room where brokers and underwriters can connect according to Lloyd’s boss John Neal
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Two-thirds of UK brokers don’t think the industry has responded well to the Covid-19 crisis
Nearly all of the research respondents agreed that policy wordings need to be reviewed urgently
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Lloyd’s reveals first firm to adopt new API tipped to benefit brokers and underwriters
It will benefit brokers and carriers by allowing the frictionless flow of data
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London market top performers say strong portfolio management led to 5% uptick in COR
New research shows that portfolio management is ‘an increasingly important tool’ in delivering underwriting profit
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Totus Re urging business bodies to call on chancellor
The insurance collective is urging the chancellor to agree the model
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Insurtech Whitespace signs first US carrier to platform
It will bolster the insurtechs connections in the London market and electronic placing
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Gallagher launches new bloodstock, livestock and aquaculture practice
The team has joined from Willis Towers Watson
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Allianz’s Jon Dye joins Pandemic Re Steering Committee
The group today announces six new working groups and a project committee
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FCA publishes guidance for insurers and brokers handling BI claims during test case
Firms will be required to review all relevant claims and complaints for test case judgement implications
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Real-time data and technology is key for staying on top of climate change risks
Declining postcodes is too generic when insuring flood risks says LexisNexis Risk Solutions
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Credit rating agency says insurers’ credit quality could be affected by BI court cases
The firm’s latest report stressed ‘the impact of potential liability exposure, particularly in relation to event cancellation and BI claims’ linked to the coronavirus pandemic