International Underwriting Association (IUA)
Majority of Lloyd's syndicates exceed Q1 e-placement targets
Eight out of 10 Lloyd’s syndicates met electronic placement targets during the first quarter of 2019, according to data released by the board of the Placing Platform Limited.
IUA weighs in on consultation over driverless cars
The International Underwriting Association has called for laws on driverless cars that would require drivers to keep their eyes on the road at all times.
Roundtable: Modernisation in the London market
Post, in association with WNS, held a roundtable with London market leaders, to discuss whether Lloyd’s modernisation is gaining momentum, and what the state of play is for the technology drive
Analysis: Review of 2018
The spectre of Brexit loomed large over the insurance sector this year, and although the picture is still no clearer in terms of how the UK market will continue to trade with Europe after 29 March 2019, significant merger & acquisition activity was among…
Analysis: Insuring for Brexit
How can insurers help customers facing Brexit uncertainly when they themselves face taking a blind bet on whether the UK will face a hard or soft deal when leaving the European Union? David Worsfold investigates.
IUA reports London company market growth of 16%, largest seen for five years
The total premium either written or controlled by the London company market has risen to £26.31bn – a 16% increase – according to the International Underwriting Authority's new statistics report.
Less than a third of Lloyd’s brokers using PPL
Exclusive: Fewer than a third of the brokers that operate through Lloyd’s are signed up for Placing Platform Limited.
Dive In 2018 launches, saying it's #time4inclusion
The Chickenshed theatre company gave a moving and uplifting performance outside the Lloyd’s building for the official launch of the fourth Dive In festival, whose theme this year is #time4inclusion.
Analysis: Lloyd's of London going electronic
The challenges of bringing Lloyd’s trading into the 21st century
Post-Brexit clause could minimise claims disruption
The International Underwriting Association has published a Brexit contract continuity clause, to tackle claims disruption that could occur with an end to passporting post-Brexit.
London market makes ‘significant step’ with new claims model
The London market has launched a claims model to simplify how claims are handled in an effort to improve client service and streamline claims agreement across the market.
Cyber threat growing quicker than claims data: IUA
A rapid growth in cyber threats has posed a challenge to the industry in acquiring claims data, the International Underwriting Association has warned.
Underwriters urged to establish policy provisions for drone usage
Traditional aviation policies are unlikely to address the emerging risks presented by the increased use in drones.
Penny Black's Social World: December 2017
Astronauts, assault courses and an art bonus
Brexit places £7.38bn in London premium income at risk
A third of total premium across the whole London company market could be affected as a result of Brexit, a report has warned.
Insurers rejoice at new Ogden formula on Twitter
Insurers took to Twitter to express their satisfaction with the new mode of calculation for the discount rate, which the government unveiled today.
Covered agreement given the go ahead from Trump administration
The Trump administration has announced that it will honour the covered agreement, which aims to create uniform rules dealing with insurance and reinsurance transactions between the United States and European Union.
Registration opens for Dive In 2017
Registration opened today for Dive In, the festival for diversity and inclusion in insurance, which will take place in late September and focus on the ‘Diversity Dividend’.
Dive In to delve into the 'Diversity Dividend'
The 'Diversity Dividend' is the theme of the third edition of the Dive In festival taking place in September.
Aviation insurers launch model Brexit clause for multi-year policies
Aviation insurers have launched a model contract continuation clause to keep multi-year policies in place after Britain leaves the European Union, the International Underwriting Association said.
Broker: Feeling exposed?
Many brokers’ professional indemnity policies contain exclusion clauses that limit their cover, leaving them and their customers exposed
ABI holds cross-sector roundtable on discount rate
The Association of British Insurers held a cross-sector roundtable yesterday to discuss the reduction to the Ogden discount rate.
LMA leads industry call for data protection law change
The Lloyd’s Market Association has coordinated an industry response calling for the Information Commissioner's Office to change its guidance over incoming data protection rules from the European Union.