Tiernan begins Lloyd’s chief of markets rolePatrick Tiernan has today started his role as chief of markets at Lloyd’s.
Carbon continues analytics build-out with Cooney hireCarbon Underwriting has appointed Fergus Cooney as data analytics engineer as the MGU continues to expand its data analytics capabilities.
Brit’s Ki bound 1,000+ risks in Q1; launches Broker APIBrit Insurance’s pioneering follow-only syndicate Ki bound over 1,000 risks in the first quarter of this year, the platform revealed as it announced the release of its Broker API.
Canadian insurtech Apollo secures Lloyd’s coverholder statusCanadian small business and personal lines-focused insurtech Apollo Insurance Solutions has secured Lloyd’s coverholder status, with the platform readying several products that will be unveiled in the coming months with support from its new syndicate partner.
Lloyd’s CEO says CFC syndicate will boost Future at Lloyd’s aspirationsLloyd’s CEO John Neal said he was confident CFC’s new syndicate will make a positive contribution to the market’s Future at Lloyd’s aspirations after granting in-principle approval for the launch.
Aon’s Case: Industry must improve offering for systemic risk solutionsThe (re)insurance market needs to urgently usher in a “new era of innovation and partnerships” if it is to address and provide cover against systemic risks on behalf of clients, Aon CEO Greg Case has said.
Lloyd’s pays Labour MP to speak at Black History Month eventDavid Lammy, the shadow justice secretary, received more than £3,000 ($4,165) from Lloyd’s of London last year for a speech made to celebrate Black History Month.
Hiscox brings in Hamilton’s Patten to bolster casualty unitHamilton’s Lloyd’s head of casualty Robert (Bob) Patten has followed a trio of liability colleagues to the exit door, taking on a role at Hiscox following an exodus from the London-listed carrier’s general liability unit, The Insurer can reveal.
Extinction Rebellion dumps coal on Lloyd’sClimate activists have stepped up their campaign against insurance for fossil fuels with a demonstration outside Lloyd’s this morning.
Lloyd’s receives new AA- rating from Kroll Bond Rating AgencyLloyd’s has received an inaugural AA- insurance financial strength rating from challenger rating agency Kroll Bond Rating Agency (KBRA).
Lloyd’s sets out vision for return to One Lime StreetLloyd’s is aiming to have “signalling” capabilities available for the full reopening of One Lime Street in June that will enable market participants to let others know when they plan to be in the underwriting room.
Helios adds Reith and Libassi to boardFormer Ascot and Neon CEO Martin Reith and ILS Capital Management managing partner Tom Libassi have joined Lloyd’s investment company Helios as non-executive directors.
Ardonagh Specialty launches $350mn follow-capacity facility with BeazleyArdonagh Specialty has teamed up with Beazley’s smart tracker syndicate to launch a cross-class follow-capacity solution for Price Forbes’ clients.
Lloyd’s Lab puts focus on product simplification as it unveils latest cohortEleven insurtech start-ups have been selected to join the sixth cohort of the Lloyd’s Lab accelerator programme, which will focus on climate change and decarbonisation as one of its key themes.
Lloyd’s updates on underwriting room revamp and reveals plans for Manchester hubLloyd’s is to create a “hub” of digital roles based in Manchester as part of its drive to modernise the market.
LSM appoints Warren active underwriter for Syndicate 4472Liberty Specialty Markets has appointed Jane Warren as active underwriter for Syndicate 4472.
Lloyd’s Europe names Breitburd CEO as Rottiers exits amid structural overhaulLloyd’s has announced the chief executive of its European platform Sonja Rottiers will step down at the start of June and will be succeeded by former Axa UK CFO Amélie Breitburd.
MS Amlin hires Everest’s Geddes to lead Lloyd’s property divisionMS Amlin has hired Sam Geddes as head of property and allied lines at its Lloyd’s business, MS Amlin Underwriting Limited (MS AUL).
Carbon adds Schiattarella to underwriting teamMGU Carbon Underwriting has added Giovanni Schiattarella to its underwriting team.
Chaucer strikes RITC with Axa African specialty SPAChaucer Syndicate 1084 has accepted the reinsurance to close (RITC) of the liabilities of its former joint venture with Axa – Special Purpose Arrangement (SPA) 6130 – for the 2018 year of account.