Commercial Lines related articles – Page 91
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NewsBrit bottom line hurt by Covid-19 claims payouts
The insurer’s combined ratio went into negative territory in the first half of the year
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NewsBeazley set to shrink Lloyd’s presence post-Covid-19
Although the insurer’s chief executive thinks brokers benefit from communications on the trading floor, Beazley plans to deal with simpler risks virtually and reduce its physical presence at Lloyd’s
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NewsLloyd’s delays Part VII Transfer
All European policies must be transferred out of London before the end of the Brexit transition period on 31 December 2020
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NewsBrit’s syndicate Ki taps former Marsh JLT Specialty veteran as new managing director
Brit’s follow-only digital Lloyd’s of London syndicate named Ki has appointed Dan Hearsum as its managing director.
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NewsTokio Marine Kiln reveals new head of claims
The head of claims will lead a new claims executive team
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NewsAfrican-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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NewsInsurance 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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NewsAfrican 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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NewsQIC 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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NewsInsurtech 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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NewsJensten Group acquires wholesale and retail broker
Jensten Group Limited has acquired a wholesale and retail broker effective from today.
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NewsLloyd’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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NewsProbitas 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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NewsLloyd’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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NewsTwo-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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NewsLloyd’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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NewsLondon 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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NewsTotus Re urging business bodies to call on chancellor
The insurance collective is urging the chancellor to agree the model
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NewsInsurtech Whitespace signs first US carrier to platform
It will bolster the insurtechs connections in the London market and electronic placing
