Hints and tips:
...Several industry veterans told the Financial Times that Ki, a digital insurer in the Lloyd’s of London market that provides insurance cover to businesses, had increased awareness of the benefits of automation...
...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...
...The LMG brings together Lloyd’s of London, insurers and brokers that operate in that market as well as the “company market”, which offers similar insurance but not within Lloyd’s....
...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...
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...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....
...Andrew Duguid — who wrote On The Brink about the crisis at Lloyd’s of London two decades ago that almost caused the market to collapse — said the new title was “very welcome and detailed”....
...Late last year, I went to see Gary Tredgett, the underwriter for Ascot, the Lloyd’s syndicate that leads the dozens of insurers involved in the Tonbridge loss....
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