Lloyd’s
Appointment : Equinox Global names Lars-Erik Granqvist as new Senior Underwriter
Equinox Global, the Lloyd’s coverholder specialising in trade credit insurance, is pleased to announce the appointment of Lars-Erik Granqvist as a new Senior Underwriter.
Lars-Erik...
Jubilee : partners with VIPR to streamline bordereaux processes
Jubilee Managing Agency (Jubilee) has become the latest Lloyd’s insurer to automate their bordereaux processing and management using software from insurance specialists VIPR.
The multi-niche...
Lloyd’s insurance market ratings affirmed by S&P
Standard & Poor's Ratings Services has affirmed its 'A+' insurer financial strength ratings on U.K.-based Lloyd's insurance market (Lloyd's, the Corporation or the Market)....
2011 cats trigger business interruption review at LMA
Last year’s major catastrophes have triggered a review by the Lloyd’s Market Association (LMA) of the way in which Contingent Business Interruption (CBI) cover...
Mike East to be next Chairman of LMA’s Claims Committee
Mike East, Head of Operations and Claims of Canopius Managing Agents Limited, is to be the new chair of the Lloyd’s Market Association’s (LMA)...
Appointment : Paul Webb is new Head of Delivery for SSP
SSP has appointed Paul Webb to the position of head of delivery for its insurer division. In his new role he will be responsible...
LMA : aims to simplify market’s binding authority agreements
The Lloyd’s Market Association (LMA), working in conjunction with Lloyd’s and broker trade body LIIBA, is setting out to rationalise the market’s model binding...
Rick Welsh joins AEGIS London
Specialist technology underwriter Rick Welsh has joined AEGIS London to launch a cyber insurance book for the Lloyd’s managing agent.
The business will be written...
Fitch Ratings : affirms Lloyd’s of London’s IFS rating at ‘A+’ with a stable outlook
Fitch Ratings has affirmed Lloyd's of London's (Lloyd's) Insurer Financial Strength (IFS) rating at 'A+'. Fitch has also affirmed the Society of Lloyd's Long-term...
Appointment : Mitsui Sumitomo boosts risk team
Mitsui Sumitomo at Lloyd’s has appointed Martin Burke as Chief Risk Officer. Most recently Finance Risk Manager within the Enterprise Risk Management team at...
Legal & General and the Standard Chartered Great City Race
Insurance industry title holder Legal & General will set out to defend its trophy in the Standard Chartered Great City Race on Thursday 12...
Brit Group : agrees to sell Brit Insurance to RiverSone
With the sale of BIL, Brit Group is now positioned to focus on its strategic objective of being a global speciality (re)insurer underwriting on...
Liberty Syndicates : new office opens in Colombia
Liberty Syndicates (Liberty Syndicate Management Limited), part of Liberty Mutual Insurance Group, has opened an office in Bogota following the granting of its Admitted...
Jubilee : to underwrite tyre insurance for the RAC
Specialist Lloyd’s insurer Jubilee has been appointed as the underwriter for a range of new products for the RAC. The first products to launch...
XL Group : receives approval to write political and trade credit risk on Lloyd’s platform
XL Group’s insurance operations has announced that its Political Risk and Trade Credit (PRTC) business has received approval from Lloyd’s to write Political Risk...
Xchanging : brings London Insurance Market to Littlehampton in 150km charity ride
Xchanging recently organised a 150km cycle event for the Lloyd's Insurance market on the roads around the South Downs and West Sussex coast.
The ride,...
LMA announces election results
The Lloyd’s Market Association (LMA) has announced the four successful candidates in this year’s election for membership of the organisation’s Board.
The four are:
- Andrew...
Fitch Ratings : Lloyd’s of London EM expansion positive, but brings risk
The Lloyd's insurance market's planned expansion into emerging markets is a net positive, even though writing insurance outside of established markets carries additional risks,...
LMA : board election sees eight candidates for four vacancies
The Lloyd’s market will this month vote for four new members of the Lloyd’s Market Association’s governing body in what has become the most...
Over 80% of Lloyd’s claims now on ECF
The percentage of new insurance claims being managed using ECF – the London insurance market’s Electronic Claims File system – has reached 83% within...
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