Hints and tips:
...for certain policies and digital triaging of broker submissions plus automation of certain tasks for others....
...The Lloyd’s of London chief executive wants to “get Monday back” and see brokers and underwriters on the trading floor four days a week — in a push to ensure face-to-face trading continues to thrive following...
...The global market for specialist insurance, with Lloyd’s of London at its centre, is expected to take a hit....
...Underwriters privately argue that brokers can use their scale not only to push up commissions but to pressure underwriters to take on certain risks, or pay certain claims....
...This has helped to boost the total value of all contingency and accident premiums paid at Lloyd’s of London, the world’s largest insurance market, to more than £500m....
...Traditionally, the risks of complex policies written at Lloyd’s have been divided between several underwriters....
...Aviation war insurers including the Lloyd’s of London market are facing an annual bill this year several times bigger than their premium income, which totals only about $60m....
...Paul Bantick, senior underwriter at Beazley, the Lloyds of London insurer says that when a company loses data in the US, by law they have to notify customers who have been affected....
...Transcript of interview with Tom Bolt, underwriting performance director at Lloyd’s of London Paul J Davies: Well, thanks very much for agreeing to do this....
...The main providers are DAS, FirstAssist, Capita Assistance and Lloyd's of London. The main aim of these policies is to help with legal disputes. Disputes can often be with your employer....
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