Latest News – Page 42
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NewsLloyd’s of London is ‘a highly compelling platform for third party capital’
The marketplace’s London Bridge 2 model ‘complements’ reinsurance’s alternative capital tools, such as catastrophe bonds, says Lloyd’s and London market leader
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NewsTfL proposals tackle ‘unfair’ insurance gap between London pedicabs and taxis
‘It’s unfair that someone can go and get a pedicab and yet a taxi driver that has got a lot of insurance is paying several thousand pounds,’ says director
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the top five stories making headlines across the market from 8 to 12 September 2025.
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NewsFantasy Football: International duty injuries – and superstar transfers
Don’t worry if you haven’t been glued to your screen for the international break – Insurance Times always has your back
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NewsThe biggest people moves this week
Insurance Times rounds up the most significant appointments, promotions and leadership changes from 5 to 11 September 2025.
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NewsRisk modelling presents opportunity to plug protection gaps – Verisk
Data from risk models could be used to show reinsurers where to ‘spread their capacity’ – or shine a light on ‘over exposed’ areas that firms should instead pull out of
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NewsLondon market wholesale broker launched to open doors for City independents
‘For decades, independents have fuelled the strength of our industry without always having equal representation in London itself,’ says president and chief executive
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NewsOffering configurable agentic AI marks a ‘paradigm shift’ – Earnix
‘We think about it as our engine, something that will grow faster and smarter, and be much more impactful,’ says product manager
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NewsDoes Sompo’s ‘shock’ purchase of Aspen signal a new wave of reinsurance M&A?
Following a stagnant period of acquisition activity in reinsurance, ‘inorganic growth’ could now be ‘possible and desirable’ thanks to excess market capital and a drive for diversification
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NewsJMG Group scoops up another trio of brokers in latest acquisition spree
‘Each of these businesses has built its reputation on personal service, knowledge and a deep understanding of its clients,’ says chief executive
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NewsOrganisational shake-up sees Liberty Specialty Markets unify lines
‘These changes are designed to help us deliver our strategic objectives in a more streamlined manner,’ says the UK and MENA president
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NewsSRG acquires motorsport team from Seventeen Group-owned broker
’This move positions us a true leader in the motorsport market and supports our continued ambition to build one of the most respected entertainment and sport practices in the market,’ says group deputy chief executive
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NewsPen Underwriting expands SME cyber coverage range to counter evolving threat
’Our process of continual review, adjustment and improvement is aimed at ensuring customers have access to the most relevant and most responsive cyber policy possible,’ says managing director of international cyber, D&O and PI
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NewsMGA enters specialist cyber market with robotics and autonomous focus
‘Unmanned and electric aircraft, autonomous vehicles, automated factories, robotics, autonomous rail and many other advanced technologies have very specific, complex and technical cyber insurance requirements,’ says chairman
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NewsDavies promotes new group chief product officer to strengthen global technology leadership team
’We are committed to investing in top talent as we accelerate our technology and innovation agenda and leverage our global resources,’ says group chief executive
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NewsWillis launches global risk engineering team to cut total cost of risk
‘By combining multidisciplinary expertise with proprietary data, technology and analytics, we can offer clients solutions that are not only customised to their sector, but also future-focused,’ says head of risk control
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NewsAI will redefine marine insurance – IUMI’s Khanna
’As an industry, we need to keep pace with this change, or we run the risk of being left behind,’ says data and digitalisation chair
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NewsTwo‑thirds of brokers say communication technology is underused in claims – Direct Commercial
’The numbers are unambiguous and market-wide – 85% cite communication as the biggest frustration and 68% point to poor tech utilisation behind it,’ says claims director
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NewsAdmiral identify mother and chartered accountant son’s £2m injury fraud
’We hope this outcome sends a clear message – honesty is not optional and fraudulent behaviour will be met with decisive action,’ says head of technical claims
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NewsFOS data shows travel insurance complaints up 17%
‘High uphold rates can be far more damaging to trust than sheer volume alone and, as this FOS data shows, some insurers still have work to do,’ says co-founder
