Lloyd’s/London
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.
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.
Hiscox offers update on plan for genAI underwriting
Hiscox and Google Cloud have shared plans to introduce generative artificial underwriting to more lines of business and explained what it took to get it working last year for terrorism cover.
IUA announces Matcham successor
Dave Matcham, the long-serving CEO of the International Underwriting Association, will step down at the end of the next month and is set to be succeeded by Chris Jones.
Probitas reports ‘best-ever result’ after Aviva acquisition
Aviva’s Lloyd’s vehicle Probitas has reported its “best-ever result” for 2024, posting pre-tax profit of £62m.
New business drives Lloyd’s growth in 2024
Lloyd’s has trailed its 2024 results, revealing that gross written premiums across the market hit £55.5bn by the end of last year.
Carbon Underwriting’s Ferrier wants less conversation and more action
Jacqui Ferrier, founding partner and chief underwriting officer at Carbon Underwriting, observes while conversations around inclusivity have gained momentum, the real focus must be on accelerating progress and not just talking about it.
Beazley CEO says ‘it’s getting more difficult to grow’
Beazley has reported record pre-tax profits of $1.42bn (£1.12bn) for 2024, but is forecasting a slowdown in growth this year as market conditions turn.
Hannah Kate Smith leaves Lloyd’s for Guy Carpenter
Former Lloyd’s of London operations and engagement director Hannah Kate Smith joined Guy Carpenter last month as international head of distribution and market relations.
Lloyd’s predicts potential $2.4trn extreme space weather loss
The latest systemic risk scenario from Lloyd’s and the Cambridge Centre of Risk Studies has revealed that the global economy could be exposed to losses of $2.4trn over five years if a solar storm occurred.
Hiscox hits 2024 UK growth target
The growth of Hiscox’s UK retail business gathered momentum over the course of 2024, finishing the year just within the insurer’s 5% to 15% target range, according to its results announcement.