UK Insurer Brit and Google Collaborate to Launch 1st Fully Digital Lloyd’s Syndicate May 13, 2020 Brit Ltd. announced plans to launch Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, in collaboration with Google...
Lloyd’s Faces COVID-19 Claims from Multiple Insurance Lines, Says CEO Neal March 27, 2020 By L.S. Howard Lloyd’s insurers face COVID-19 related claims from approximately 14 categories of insurance, said Chief Executive Officer John Neal during a...
Lloyd’s Closes London Underwriting Room in Response to Coronavirus Crisis March 19, 2020 By L.S. Howard After conducting a successful stress-test last week of its electronic trading system, Lloyd’s has made the decision to close its...
Future-at-Lloyd’s Modernization Project Moves from Blueprint to Construction February 26, 2020 By L.S. Howard Since Lloyd’s first announced the blueprint for its Future at Lloyd’s project on Sept. 30, it has been busy working...
Cyber Attack on Asia-Pacific Ports Could Cost $110B, Hitting Global Supply Chains October 30, 2019 A single cyber attack that affects major ports across Asia-Pacific could cost $110 billion, which is roughly equivalent to half...
Lloyd’s Culture Survey Reveals ‘Ugly’ Levels of Sexual Harassment September 24, 2019 By L.S. Howard Lloyd’s announced the results of its culture survey, which was commissioned in March in the wake of press reports of...
Lloyd’s Returns to Profit in 1st Half After 2 Full Years of Losses September 18, 2019 By Will Hadfield Lloyd’s of London, the world’s biggest insurance market, returned to profit in the first half after two full-year losses. The...
Lloyd’s, London Market Insurers Surpass Q2 Electronic Placing Targets August 12, 2019 More than half of in-scope market risks were placed electronically in the London and Lloyd’s markets during the second quarter,...
Future at Lloyd’s Consultation Period Ends – Now the Hard Work Begins July 12, 2019 When the 10-week consultation period for “The Future at Lloyd’s” project ended this week, Lloyd’s confirmed that participation was widespread,...
Pushing and Pulling Lloyd’s Into the 21st Century July 10, 2019 By L.S. Howard Twenty-five years ago, the Lloyd’s of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars...