Lloyd’s of London, the 330-year-old insurance market, is pushing to revamp auto coverage as the rise of driverless cars looms. Chief Executive Officer John Neal said that Lloyd’s is talking with automakers about how to set up different policies to …
Lloyd’s announced it is investing in Layr, a cloud-based commercial insurance platform for small businesses looking to purchase liability insurance. The investment follows Layr’s successful trial in the Lloyd’s Lab, which gives insurtech startups the opportunity to work with Lloyd’s …
Lloyd’s of London plans to halve the cost of buying insurance through the 330-year-old market as part of a strategy to restore the fortunes of the company. Chief Executive Officer John Neal said he planned to cut the cost of …
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 are all threatening Lloyd’s reputation as the place to insure anything …
Sonja Rottiers has been appointed as the chief executive officer of Lloyd’s Brussels. She will also be Lloyd’s regional director for Europe, Middle East and Africa, and will take up her position in February. Rottiers’ career spans over 30 years …
Lloyd’s of London announced that its chief operating officer, Shirine Khoury-Haq, has decided to leave the corporation, after nearly five years. Khoury-Haq joined Lloyd’s in 2014 and is a member of Lloyd’s executive committee. Her responsibilities include global operations, information …
Lloyd’s, the specialist insurance and reinsurance market, today welcomes John Neal as its new chief executive officer. Neal brings more than 30 years’ experience in the insurance industry, most recently as group CEO of QBE Insurance Group. He succeeds Inga …
John Neal has been appointed as the chief executive officer of Lloyd’s following a meeting of the Council of Lloyd’s, where his appointment as successor to Inga Beale was approved unanimously. Neal will take up his position at Lloyd’s on …
QBE reported a healthy profit hike during first half of 2017, despite heightened claims activity in its Emerging Markets’ division, which reported a combined ratio of 110.8 percent. This poor performance has led to the creation of two separate divisions …
Sydney-based QBE announced that its Emerging Markets’ division has experienced “significantly higher than expected claims activity during the first five months of the year.” As a result, this division is expected to report a first half combined operating ratio of …
