Lloyd’s of London
Briefing: Lowering the bar
Change at Lloyd’s does not come easily, the London & International Insurance Brokers’ Association was reminded last week, after its suggestion that formal attire requirements be banished to the annals of history was at first met with almost anything but…
Aversion to spare capacity hurting resilience, Carnegie-Brown tells bioterrorism conference
Governments and businesses must overcome the “fundamental behavioural challenge” of building spare capacity to bolster resilience to events such as a bioterrorist attacks and future pandemics, Lloyd’s chairman Bruce Carnegie-Brown has said.
Tokio Marine HCC appoints Des Burke as CIO
Tokio Marine HCC International has hired Des Burke as chief information officer reporting to Thibaud Hervy, chief underwriting officer, specialty lines division.
Intelligence: Insurtech incubation during Covid-19
Covid-19 continues to wreak “profound damage” on the UK economy, according to Chancellor of the Exchequer, Rishi Sunak, but the country’s insurtech sector is staying strong and remains a much-needed beacon of hope
Analysis: The future of Lloyd's underwriting room in a 'hybrid world'
In February, Lloyd’s launched a consultation on the future of its famous underwriting room, inviting market participants to take part in “a once-in-a-generation opportunity” to shape the space going forwards.
For the record: Brightside sold to Markerstudy; Aviva acquires Axa XL HNW team; Aston Lark buys Bruce Stevenson and Inflexion invests in broking again
Post wraps up the major insurance deals, launches and investments of the week
Briefing: Lloyd’s culture survey results no beacon
While Lloyd’s Culture Survey 2020 results show a modicum of progress, ethnic minorities’ and women’s experiences continue to drag – even before considering the pandemic impact.
Half of Lloyd’s market workers still do not feel comfortable speaking up
Lloyd’s latest culture survey has found that 50% of employees still do not feel comfortable raising concerns about behaviour in the insurance market, though overall the results demonstrated a level of progress.
Intelligence: Operational resilience - Regulators raise the bar for crisis response
After drawn-out consultations financial regulators will soon lay out what they expect from firms in terms of operational resilience. Harry Curtis investigates.
Interview: Rob Brown, Charles Taylor group CEO
After more than four decades spent in underwriting and broking, Rob Brown chose to try his hand at insurance services as group CEO at Charles Taylor last year. He talks to Jonathan Swift about why, given the bountiful opportunities the PE-backed firm has…
For the Record: Jensten moves closer to £500m target; Laka unveils European HQ; start-up Mosaic opens for business and SRG acquires again
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Penny Black's Social World: February 2021
Charity contributions, championing cricket and continuing challenges
Robert Kuchinski replaces Lloyd’s bound Patrick Tiernan as IUA chair
Robert Kuchinski, deputy chairman of the International Underwriting Association and head of commercial insurance at Zurich UK, has been elected as the new chairman replacing Patrick Tiernan who will be leaving Aviva to become chief of markets at Lloyd’s.
WCI calls on industry to help deliver 10,000 computers for schools
The Worshipful Company of Insurers has called on the industry to donate the money and equipment needed to supply 10,000 computers to schools so that all children can access online learning.
For the Record: BGL rolls out digital claims, Chubb backs Covid-19 cover, Covea in Vitality tie-up, insurtech funding hits £5.2bn and Tractable deals
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
MS Amlin Underwriting hires Bank of England's Vishal Desai as CRO
MS Amlin Underwriting has appointed Vishal Desai as chief risk officer joining from the Bank of England where he holds the role of acting head of division general insurance risk specialists & chief actuary.
IUA starts hunt for chair as Patrick Tiernan swaps Aviva for Lloyd’s
The process for appointing a new chair of the International Underwriting Association has begun, Post can reveal.
Lloyd’s takes Aviva’s Patrick Tiernan as chief of markets
Lloyd’s has recruited Aviva’s managing director of UK commercial lines and global corporate and specialty Patrick Tiernan as its first chief of markets.
Analysis: The class of 2020 emerges
The emergence of a cluster of start up and scale up carriers, or a class of 2020, caught analysts by surprise despite the hardening market.
Intelligence: Hard market times are here
For the first time in a generation a hard market is truly here to stay. As many start to learn what this really means, Post takes a look at the impact on the market and how risk management might make the difference when it comes to coverage.
Analysis: Delivering opportunities for graduates during the Covid crisis
Insurers have maintained their graduate programmes during the coronavirus pandemic, according to an investigation by Post, and adapted to the challenges of training and recruiting in a virtual world to keep this crucial entry route into the profession…
Interview: Patrick Tiernan, International Underwriting Association
Newly appointed chair of the International Underwriting Association Patrick Tiernan sat down for a virtual chat with Pamela Kokoszka to discuss his plans as a chairman of the association, climate change and how the industry can overcome challenges…
Blog: Lloyd’s of London - 2020 in review
Debevoise & Plimpton international consultant Clare Swirski, international counsel Benjamin Lyon and associate Sarah Hale reflect on some of 2020’s key themes and the possible challenges and opportunities in store in 2021 for the Lloyd’s market and its…
David Coleridge - an obituary
David Coleridge, who was chairman of Lloyd’s for two tumultuous years in the early 1990s, passed away on Boxing Day, aged 88.