Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary?
The rollout of the Lloyd's cyber war exclusions has received considerable criticism for the chaos and confusion caused in the weeks leading up to the March 31 effective ...
Lloyd’s marketplace
Beat Capital Launches Specialist Energy Insurance Business
Beat Capital Partners, a long-duration venture-capital investor that specializes in the insurance industry, announced the launch of a specialist energy underwriter, ...
Lloyd’s Lab Selects 13 InsurTechs for Its Next Innovation Accelerator
The Lloyd's marketplace announced it has invited 13 insurtechs to join the next cohort of its innovation accelerator, the Lloyd's Lab, following a competitive pitch process where the firms presented ...
Lloyd’s Gives Green Light to New Flux, Trium Cyber Syndicates
Asta, the third-party managing agent at Lloyd's, and Acrisure announced that Lloyd's has granted "in principle" approval for the launch of Flux Syndicate 1985, which will commence underwriting on ...
Lloyd’s Has Strong H1 Underwriting Profit but Reports Overall Loss on Investment Hit
While Lloyd's reported a strong underwriting profit during the first half and its best combined ratio in five years, similar to many insurers it saw an overall loss as a result of its investments. ...
Lloyd’s Annual Meeting to Go Virtual on Threat of Climate Protests
Commercial insurance market Lloyd's of London is encouraging members of its 100-odd syndicates to attend its annual general meeting next week online rather than in person, due to the threat of ...
Lloyd’s Slaps Record Fine on Atrium Underwriters for Bullying, Harassment
Lloyd's of London has fined syndicate member Atrium Underwriters over one million pounds ($1.31 million) for bullying and harassment, the largest fine it has imposed for misconduct, the commercial ...
Ukraine Invasion Analysis: AM Best Sees ‘Significant Implications’ for Insurers
AM Best believes that Russia's invasion of Ukraine could have a "substantial impact" on the world's insurance industry in the near to midterm, the rating agency said in a report published on Friday. ...
InsurTech MIC Global Receives ‘In-Principle’ Approval to Launch Lloyd’s Syndicate
InsurTech MIC Global has received "in-principle" approval from Lloyd's for the creation of MIC Global Insurance Syndicate 5183. UK-based MIC Global offers end-to-end digital micro insurance products, ...