L.S. Howard - Carrier Management

Innovating at the Edges of Society and the Economy

Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new ...

New Broker McGill & Partners Forms U.S. Subsidiary

The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate, the company's founder Steve McGill has confirmed. When ...

Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures

Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this year, aiming to create something new and different ...

Markel Puts CATCo into Run-Off, Launches New Retrocessional ILS Platform

Markel Corp. announced it is putting its Bermuda insurance linked securities unit Markel CATCo into run-off and also launching a new retrocessional ILS fund platform that will be ready to write ...

InsurTech Enables Insurers to Become Tech Companies

Cytora had its genesis as an InsurTech startup at Cambridge University's technology incubator. In fact, Richard Hartley, CEO and co-founder, said it was the first company to be funded by the ...

By Taming Big Data With AI, Cytora Aims to Transform Commercial Underwriting

It is an InsurTech startup operating an artificial intelligence-powered platform that aims to transform commercial insurance underwriting. While the goal may seem ambitious, Cytora is making ...

About APIs

An API, or application programming interface, provides an interface between two systems that specifies how software components should interact. Cytora's API platform for underwriting provides access ...

Keep It Simple, Grow Trust for Future Success: UK Executives

The insurance industry is facing a complicated cocktail of massive political and economic uncertainty, climate risks, huge shifts in technology and increasing regulatory burdens. These are just some ...

Pushing and Pulling Lloyd’s Into the 21st Century

Twenty-five years ago, the Lloyd's of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars of asbestos and pollution liabilities. Many of the best brains in ...

Change Isn’t New for Lloyd’s

Well before the "Future at Lloyd's" project, the market began pursuing modernization, Chairman Bruce Carnegie-Brown noted. For example, the market has been pushing to digitize the way risks are ...