CERTAIN UNDERWRITERS AT LLOYDS, LONDON SUBSCRIBING TO INSURANCE POLICY NO. MKC00140 | Search

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Insurance
Scrapping the spreadsheet: start-ups take aim at an old insurance addiction
...for certain policies and digital triaging of broker submissions plus automation of certain tasks for others....
April 7, 2024
Insurance
Cyber attacks set to become ‘uninsurable’, says Zurich chief
...In September, Lloyd’s of London defended a move to limit systemic risk from cyber attacks by requesting that insurance policies written in the market have an exemption for state-backed attacks....
December 26, 2022
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Cyber Security
Insurer Beazley launches first catastrophe bond for cyber threats
...Lloyd’s of London insurer Beazley has launched the first cyber catastrophe bond, opening up one of the fastest-growing areas of the underwriting industry to investors as companies and governments seek to...
January 9, 2023
Lloyd's of London Ltd
Lloyd’s hunts for billions in fresh capital in expansion of ‘London Bridge’ programme
...A centuries-old insurance marketplace, Lloyd’s launched the first phase of its “London Bridge” programme last year....
August 3, 2022
Ian Smith
Is state intervention needed for cyber insurance?
...Such an attack could cause $3.5tn in global economic damage, according to modelling by the Cambridge Centre for Risk Studies for the Lloyd’s of London insurance market, released in October....
November 1, 2023
Lloyd's of London Ltd
Lloyd’s of London chief wants traders in building to ‘get Monday back’
...insurance policies at the underwriter’s desk, or “boxes” as they are traditionally called....
March 8, 2023
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Lloyd's of London Ltd
Lloyd’s of London battles insurers over ‘state-backed’ cyber attacks
...Some businesses, fearful that the policies will no longer give them adequate cover, have taken their concerns to Lloyd’s leadership directly, according to people familiar with the matter....
March 31, 2023
Competition & Markets Authority
UK competition watchdog green lights rules for climate collaboration
...Five big global insurers and Lloyd’s of London, the insurance market, quit a net zero coalition earlier this year citing the threat of antitrust action....
October 12, 2023
Greensill Capital
Marsh sued for $143mn over Greensill insurance
...It added certain account debtors within the scheme either “have no outstanding indebtedness” to Liberty Commodities, “do not recognise the relevant receivable” or “have no transaction history whatsoever”...
June 19, 2023
News in-depthUK economy
Office return stalls as UK staff cling to flexible working
...An executive at Lloyds said it was also looking at “turnstile data” to judge occupancy of its offices but that there were no formally set days for people to return....
April 22, 2022
Insurance
New index seeks to peer inside Lloyd’s of London insurance market
...Lloyd’s, a marketplace where brokers and underwriters meet to buy and sell commercial policies, has recently moved to attract more outside capital....
May 24, 2021
Working from home
Telegraph and Future tell staff to continue working in their offices
...The FT revealed on Thursday that Lloyd’s of London’s historic underwriting room would be kept open for business to allow brokers and underwriters to work in person during the crucial December renewal season...
December 10, 2021
Executive Pay
Insurer Beazley cuts CEO and finance chief pay after results error
...In cyber insurance, brokers and buyers have chafed at newly written exclusions in policies intended to make clear that businesses will not be protected from state-backed attacks....
March 8, 2023
UK insurance industry
London’s insurance market calls for post-Brexit rules to be refreshed
...A trade body representing more than 350 underwriters and brokers in London’s specialist insurance market has called on UK policymakers to use Brexit to boost the sector’s competitiveness and bring in foreign...
June 7, 2021
Insurance
Lloyd’s of London defends cyber insurance exclusion for state-backed attacks
...Underwriters have defended the new guidance as an attempt to bring clarity to what is, in insurance terms, still a relatively young market: the first cyber policy written at Lloyd’s was in 1999....
September 5, 2022
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Josephine Wolff
Insurers must rethink handling of cyber attacks on states
...Earlier this month, Lloyd’s of London issued a bulletin noting that, “when writing cyber attack risks, underwriters need to take account of the possibility that state backed attacks may occur outside of...
August 29, 2022
News in-depthRussian business & finance
Insurance ban to tighten squeeze on Russian oil shipments
...Brokers and underwriters gathered this week in Lloyd’s of London’s historic underwriting room to celebrate the Queen’s platinum jubilee, twice ringing the Lutine bell — a symbol of the insurance market’s...
June 2, 2022
News in-depthWar in Ukraine
Insurance industry braces for soaring payouts from war in Ukraine
...The global market for specialist insurance, with Lloyd’s of London at its centre, is expected to take a hit....
March 17, 2022
FT Wealth
‘All we’re asking is for a level playing field’: black entrepreneurs in the UK
...First Response is now established across the UK, with clients including financial institutions Axa Insurance, Abrdn and Legal & General as well as the Elizabeth train line between west and east London....
March 24, 2023
Elisabeth Braw
Insurers are scrambling to update the definition of war
...And without insurance available to protect them, companies could conclude that certain sorts of business are no longer feasible....
April 20, 2022
Cat Rutter Pooley
Why Lloyd’s cannot be sentimental about its iconic City building
...It was built on a system where brokers queued to see underwriters at their “boxes” in the underwriting room. The wait was long, but worth it....
January 20, 2022
UK insurance industry
End of Covid insurance scheme sparks warnings over UK film productions
...Lloyd’s Market Association, the British Insurance Brokers’ Association and London & International Insurance Brokers’ Association in a joint statement said: “Brokers, underwriters and their clients are in...
April 1, 2022
Insurance
Ukraine fallout expected to test companies’ hardened cyber defences
...In November, the Lloyd’s Market Association, a body that represents underwriters in London’s specialist insurance market, tried to address the uncertainty by publishing some model clauses for these exclusions...
March 28, 2022
Climate CapitalCOP26 Day Three: BlackRock’s Fink says climate pressure on public companies ‘biggest arbitrage in my lifetime’
Lloyd’s criticised over strategy to overhaul insurers’ climate risks
...Environmental law group ClientEarth has criticised insurance market Lloyd’s of London for not publishing its latest climate guidance, saying the lack of a framework for compelling insurers would put it at...
November 3, 2021
Transcript
Sunak versus the strikes
...For Rishi Sunak, there is no clear answer on how to avert them....
December 10, 2022

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