Lloyd’s/London
What Tiernan will find in the Lloyd's CEO in-tray
Editor’s View: As Patrick Tiernan prepares to succeed John Neal as CEO of Lloyd’s at the start of June, Emma Ann Hughes reflects on what is in his in-tray, plus what is in his toolkit, to consider how he could transform and leave a lasting mark of the London Market.
Tiernan appointment comes at ‘tipping point’ for Lloyd’s
Market executives and trade bodies have weighed in on Patrick Tiernan’s appointment as Lloyd’s CEO, outlining what they expect from the new boss.
Patrick Tiernan appointed Lloyd’s CEO
Patrick Tiernan has succeeded John Neal as CEO of Lloyd’s, with his tenure kicking off on 1 June 2025.
Aviva to sell HNW policies through Lloyd’s
Aviva is developing a high-net-worth product it can sell through its Lloyd’s platform, Probitas, Insurance Post can reveal.
GenAI advancements prompt Blueprint Two rethink
Velonetic CEO Bob James has said delays to phase two of Blueprint Two come with the silver lining of allowing the market to take advantage of recent advancements in generative artificial intelligence.
Throwback Thursday: Lloyd’s looks to Tower Hamlets; Budget blow
Insurance Post’s Throwback Thursday steps back in time to May 1990 to remind you what was going on this week in insurance history: Lloyd’s was looking to Tower Hamlets and the sector was horrified by one of the worst ever years for natural catastrophe…
Carbon Underwriting CEO retires due to MS
Carbon Underwriting co-founder and CEO Nick Tye is retiring from the business following a diagnosis of progressive multiple sclerosis.
Probitas CEO to retire a year on from Aviva acquisition
Probitas CEO Ash Bathia will retire at the end of July, with Aviva’s global corporate and specialty managing director Matthew Washington set to take the reins at the Lloyd’s insurer.
Arch GWP falls due to Gap pause and softening rates
Arch’s UK insurance company saw gross written premiums tumble by more than 10% last year as a result of the Financial Conduct Authority’s pause on Gap insurance sales and softening London market rates.
SFO accuses Lloyd's broker of bribery
The Serious Fraud Office has accused a UK-based Lloyd’s broker for failing to prevent associates from bribing state officials in Ecuador.
Q&A: Dave Connors, Distribind
Dave Connors, CEO and founder of Distribind, speaks to Insurance Post about the insurtech’s goal of “curing the insurance industry of its spreadsheet addiction”. He highlights some of the limitations of this goal and how flexibility is the key to…
Throwback Thursday: Marsh takeover; Autoglass deal
Insurance Post’s Throwback Thursday steps back in time to April 1980 to remind you what was going on this week in insurance history when Marsh was preparing to buy Bowring and Autoglass struck an important deal
Carnegie-Brown to become Rothesay chair after Lloyd’s exit
Outgoing Lloyd’s chair Bruce Carnegie-Brown is set to become chair of pensions insurance specialist Rothesay when he leaves Lime Street at the end of the month.
British Insurance Awards 2025 shortlist revealed
Whatever you are doing, stop! The Supersonic shortlist of the 2025 British Insurance Awards, which will take place at the Royal Albert Hall on 9 July, is announced today.
Zurich takes stake in Lloyd’s coverholder
Zurich Insurance is set to buy a stake in Icen Risk, a Lloyd’s of London coverholder.
Lloyd’s convenes conflicts committee to navigate Neal’s exit
Insurance Post understands Lloyd’s has convened a conflicts committee, chaired by Lloyd’s chair Bruce Carnegie-Brown, to manage potential conflicts of interest around Aon-bound CEO John Neal.
21 businesses vie for a place in latest cohort for Lloyd’s Lab
The Lloyd’s Lab held a pitch day for its 14th cohort earlier this week, with 21 businesses vying for a spot in the 10-week accelerator programme.
Throwback Thursday: Kwik Fit gets fitter; Aon’s warning
Insurance Post’s Throwback Thursday steps back in time to March 1998 to remind you what was going on this week in insurance history when Kwik Fit Insurance was expanding and Aon’s CEO warned against lawyers.
London Market arranges training to stamp out misconduct
Following the publication of the Financial Conduct Authority’s report on non-financial misconduct in the wholesale specialty insurance market, the Lloyd’s Market Association, International Underwriting Association, and London and International Insurance…
Blueprint Two’s first phase pushed back to 2026
Lloyd’s and Velonetic have confirmed the phase one cutover for the London market’s Blueprint Two modernisation programme will not take place this year.
Lloyd’s CFO urges market not to get ‘carried away’
Lloyd’s chief financial officer Burkhard Keese has warned the market that it is not yet out of the woods, as it posted pre-tax profits of £9.6bn for 2024.