Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
London’s Marine Insurers to Assess Risk Level After Ship Attacks in Middle East
May 16 2019 // London’s marine insurance market will meet on Thursday to assess whether it needs to change the risk level for vessels in the Gulf after an attack on ships off the United Arab Emirates earlier this week, a senior...
Aspen to Place UK MGA in Runoff, Closes Dublin Office and Makes Executive Changes
May 15 2019 // Aspen Insurance Holdings is placing its UK managing general agency in runoff, closing its Dublin office and making a slew of executive personnel changes including naming a new CEO of Aspen Bermuda, a new group chief...
Guy Carpenter Announces Series of International Analytics, Advisory Appointments
May 13 2019 // Guy Carpenter & Co., the reinsurance broking subsidiary of Marsh & McLennan Cos., announced a series of London-based hires designed to further build out the firm’s strategic advisory and analytics...
Guy Carpenter Names Senior Reinsurance Leadership Team to Further Integrate JLT Re
May 9 2019 // Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos., announced a series of international leadership appointments to facilitate the integration of...
Going to Court Over Losses When Robot Is to Blame
May 7 2019 // Robots are getting more humanoid every day, but they still can’t be sued. So a Hong Kong tycoon is doing the next best thing. He’s going after the salesman who persuaded him to entrust a chunk of his fortune to...
Founder of London-Based Broker H.W. Wood Ltd. Dies
May 7 2019 // Hugh W. Wood, chairman and founder of HW International, the London-based broker, died peacefully on April 26, 2019, at the age of 75. Wood founded the HW International Group in 1982 and expanded the brokerage to offices in...
London-Based EC3 Brokers Appoints Murphy from Integro as Head of Broking
May 2 2019 // London-headquartered EC3 Brokers announced the appointment of James Murphy to the newly created role of head of broking. Murphy joined EC3 on May 1 from Integro Insurance Brokers Ltd. and will be responsible for expanding...
Liberty Specialty Promotes Hall, Wheeler in Specialty Binders Team in London
Apr 29 2019 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has made two promotions within its specialty binders team in London. Kerry Hall becomes underwriting manager for property while Richard Wheeler...
Lloyd’s Innovation Drive Faces Headwinds from Some Brokers, Underwriters
Apr 26 2019 // Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit...
Royer Named Head of Liability for Zurich Canada
Apr 16 2019 // Marco Royer has been named head of Liability for Zurich Canada. Royer will be responsible for leading the underwriting teams in Zurich Canada’s liability portfolio, including casualty, energy casualty, construction...
London Continues to Lose Financial Sector Jobs Over Brexit
Apr 15 2019 // Job vacancies in London’s finance industry have halved in two years as uncertainty over Brexit knocks business confidence, a survey by recruiter Morgan McKinley has found. The number of jobs available in the...
Zurich Canada Names Aon’s Royer as Head of Liability
Apr 11 2019 // Marco Royer has been named head of Liability for Zurich Canada. Royer will be a member of the Zurich Canada executive team and will report to Zurich Canada CEO Saad Mered. His first day at Zurich will be July 1. He will be...
London’s Electronic Placing Platform Gains Traction, Binding More Than 50,000 Risks
Apr 9 2019 // More than 50,000 risks have been bound on the London market’s electronic placement platform, with nearly 12,500 risks bound in the last three months alone, announced the board of the Placing Platform Ltd....
UK Specialty MGA Nexus Buys an MGA and a Broker – All in One Day
Apr 3 2019 // UK specialty managing general agent (MGA) Nexus Group lived up to its description as an “acquisitive insurance intermediary holding company,” with the purchase this week of an MGA and an insurance broker. On...
Momentum Grows for Electronic Placement of Risks Among London Brokers: LIIBA
Apr 3 2019 // Momentum is building in the London market for wider adoption of electronic placement of risks, said the London and International Insurance Brokers’ Association (LIIBA), which announced that more than 100 of its...
UK Broker Price Forbes Taps Hewett from JLT as Leader of Sharing Economy Practice
Apr 2 2019 // Price Forbes, a London-based broker, has appointed Emma Hewett as leader of its Sharing Economy practice. Price Forbes said its Sharing Economy practice was one of the first established broking teams to specialize in...
Lloyd’s Issues Action Plan to End Sexual Harassment in Workplace Amid Recent Reports
Apr 1 2019 // In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek indicates that some men working in the London insurance market still haven’t...
Neon Leads New London Political Risks Consortium, Offering $100M Limit Per Policy
Mar 28 2019 // Specialist Lloyd’s insurer Neon announced it will lead a newly established London Political Risks Insurance Consortium, with MS Amlin becoming a joint agreement party. Spearheaded by Neon’s recently promoted...
Lloyd’s Will Name and Shame Sexual Harassers It Bans from Market: CEO
Mar 27 2019 // Lloyd’s of London will publicly name and shame anyone it bans from its insurance market for sexual harassment, according to Chief Executive Officer John Neal. “When we do see instances of bad behavior, and...
Willis Re Names Claims Veteran Robson as Head of London Market Reinsurance Claims
Mar 25 2019 // Claims veteran Steve Robson has joined Willis Re as head of London Market Reinsurance Claims, effective immediately. He brings extensive client-side experience and perspectives, and supports the closer alignment of the...
