High Distribution Costs and How to Fix Them December 5, 2019 By David Flandro The disruption currently taking place in insurance and reinsurance markets is at its most acute since the culmination of the...
Lloyd’s Reveals Blueprint to Build ‘Most Advanced Insurance Marketplace’ September 30, 2019 By L.S. Howard Lloyd’s of London has unveiled a blueprint for action to facilitate its Future at Lloyd’s project, which aims to “build...
London Market’s Early Modernization Program, LM TOM, Is Being Wound Down September 30, 2019 The Board of the London Market Group (LMG) announced that the London Market Target Operating Model (LM TOM) has been...
Lloyd’s Insurers Surpass Target for Electronic Risk Placements: Report May 14, 2019 Insurers in the Lloyd’s of London market have switched 45% of their business to an electronic platform, ahead of target,...
Lloyd’s Aims to Halve Costs as It Modernizes Market Over Next 5 Years May 1, 2019 By Will Hadfield Lloyd’s of London plans to halve the cost of buying insurance through the 330-year-old market as part of a strategy...
Lloyd’s Innovation Drive Faces Headwinds from Some Brokers, Underwriters April 26, 2019 By Carolyn Cohn and Jonathan Saul Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. Old-fashioned business practices, exposure...
London’s Electronic Placing Platform Gains Traction, Binding More Than 50,000 Risks April 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...
Momentum Grows for Electronic Placement of Risks Among London Brokers: LIIBA April 3, 2019 Momentum is building in the London market for wider adoption of electronic placement of risks, said the London and International...
Being Independent, Nimble and Niche: Keys to SSL Endeavour’s Aim to Put Clients First February 6, 2019 By L.S. Howard By creating an innovative and nimble operating platform, SSL Endeavour, London-based Lloyd’s broker, aims to attract and retain the best...
London’s Electronic Placing Platform PPL Announces Updates, Enhancements January 28, 2019 The London market’s electronic placing platform, PPL Ltd., announced a platform update. PPL said the new release includes: An enhancement...