Viewpoint: How Liberty Specialty Markets Uses Tech for Claims Risk Management May 22, 2024 By Scott Kellers Once perceived as intricate, time-consuming, and on occasion, frustrating, insurance claims processing has undergone a substantial transformation with the integration...
ACORD Releases Data Messaging Standard to Support London-Market Modernization September 7, 2023 ACORD, the standards-setting body for the global insurance industry, announced the publication of the ACORD GRLC Contract, Risk, and Pre-Accounting...
Why Did It Take a Pandemic to Drive Electronic Placement in the London Market? July 5, 2023 By Peter Smyth Electronic placing in the London market was a long time coming, with many obstacles to overcome – It took the...
Ariel Re Raises $270M of Capital to Support Growth Opportunities March 6, 2023 Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has announced it has secured $270...
Lloyd’s Launches 2nd Protected Cell Company to Provide Greater Flexibility for Investors August 8, 2022 Lloyd’s announced it has received regulatory approval to set up a second protected cell company (PCC), which aims to enhance...
London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best April 26, 2022 Upward premium rate momentum is expected to continue support underlying performance for the London market, despite mounting challenges connected to...
Lloyd’s Forms New Operational Structure to Deliver Blueprint 2 Modernization Program January 18, 2022 Lloyd’s announced a new operational structure for the delivery of its transformational Blueprint Two program, following the departure of Lloyd’s...
Lloyd’s, IUA Sign Contract With DXC to Help Build Fully Automated Processing January 12, 2022 Lloyd’s confirmed a contract has been signed with DXC Technology and the International Underwriting Association (IUA) in an agreement that...
Brit Pilots 1st Continuous Binder for Delegated Authorities, to Replace Annual Renewals December 14, 2021 Brit Ltd. announced it has piloted the first continuous binder at Lloyd’s for delegated authorities, which will go live in...
Lloyd’s, London Insurers Form Joint Venture with DXC to Transform Digital Processing May 27, 2021 Lloyd’s and insurers in the London company market have formed a joint venture with DXC Technology, aiming to transform digital...