Lloyd’s of London
Tiernan calls out ‘egregious trading behaviours’ at Lloyd’s
Incoming Lloyd’s CEO Patrick Tiernan has called out examples of “egregious trading behaviours”, saying that he currently has “cause for concern, but not alarm.”
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.
Big Interview: Drazen Jaksic, Zurich UK
Drazen Jaksic, CEO of Zurich UK, is ambitious and likes a challenge, but he won’t be slashing the price of the provider’s general insurance policies anytime soon to swiftly grow the business.
Clear rebrands MGA arm; Sapiens acquires AdvantageGo; Markel’s head of tech
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
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.
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…
Penny Black’s Social Diary: Hollywood history; Altus’s pancakes
Penny Black is back, sharing the tittle-tattle she overheard at insurance industry events, reviewing the quality of buffets at conferences and giving a thumbs up – or down – to the sector’s social media posts.
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.
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.
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.
Smarter bordereaux management for a new era of delegated authority
A recent webinar hosted by Insurance Post in association with Charles Taylor InsureTech brought together industry experts to explore the evolving landscape of bordereaux management and its role in the digital transformation of delegated authority. Here…
Penny Black’s Social Diary: Kennedys’ commute and ABI’s sandwiches
Penny Black is back, sharing the tittle-tattle she overheard at insurance industry events, reviewing the quality of buffets at conferences and giving a thumbs up – or down – to the sector’s social media posts.
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.