Wednesday, 12/12/2018 | : : UTC-5
Insurance Breaking News | Home & Auto Insurance
  • Skilled indemnity charges set to harden
    Skilled indemnity charges set to harden

    Much less capability to drive up charges as Loyd’s syndicates reduce or pull out of PI. Charges are set to harden within the skilled indemnity (PI) market, in line with Manchester Underwriting Administration chief government officer Charles Manchester. He stated the rationale for the growing charges was that most of the Lloyd’s syndicates that historically […]

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  • InsurTech Futures: Lloyd’s Lab begins seek for second tech start-up cohort
    InsurTech Futures: Lloyd’s Lab begins seek for second tech start-up cohort

    First international expertise search drew in virtually 220 purposes from 36 totally different nations. The Lloyd’s Lab has launched a brand new international seek for the subsequent cohort of InsurTech innovators. The primary ten week programme aimed toward serving to entrepreneurs and start-ups to ship progressive options to a number of the key challenges confronted […]

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  • Schemes and insurers jet in for brokers after Ageas’ partial journey exit
    Schemes and insurers jet in for brokers after Ageas’ partial journey exit

    Suppliers “hungry” for enterprise. Insurance coverage companions have rushed to reassure brokers that they’re eager to ebook extra enterprise after Ageas’ partial withdrawal from the journey market. Insurance coverage Age revealed right now that Ageas shall be closing its on-line dealer journey facility on the finish of Might 2019 however retaining schemes-based and bespoke enterprise. Nel […]

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  • Chief working officer Shirine Khoury-Haq to go away Lloyd’s
    Chief working officer Shirine Khoury-Haq to go away Lloyd’s

    She is going to keep on till the primary half of 2019. Lloyd’s chief working officer (COO) Shirine Khoury-Haq will depart the company after almost 5 years, following two different huge government exits earlier this yr. She joined Lloyd’s in July 2014. Khoury-Haq labored with Lloyd’s to digitalise the London (re)insurance coverage market and make […]

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  • Miller buys Alston Gayler and Co
    Miller buys Alston Gayler and Co

    Alston Gayler is an unbiased London market dealer and Miller stated the transfer would improve its wholesale and specialist broking functionality. Miller has acquired London market insurance coverage and reinsurance dealer Alston Gayler for an undisclosed sum. The deal is topic to regulatory approval however Miller famous in a press release that the transfer would […]

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  • Axa XL names new CUO for London market wholesale
    Axa XL names new CUO for London market wholesale

    Dan Curran takes over from Paul Greensmith who was lately appointed UK CEO of Catlin Underwriting Businesses and XL Catlin Insurance coverage. Axa XL Insurance coverage has appointed Dan Curran as chief underwriting officer for London market wholesale. He takes over the position from Paul Greensmith, who was lately named UK chief government officer of […]

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  • Tasker set to make acquisitions
    Tasker set to make acquisitions

    CEO Robert Organ on bringing the enterprise collectively, learnings from Bluefin and why Tasker won’t turn out to be a brand new consolidator. Tasker Insurance coverage Group is gearing as much as make acquisitions, in line with chief government officer Robert Organ. Organ, who was beforehand CEO of Bluefin, joined Tasker in August 2017 and […]

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  • PIB’s buy costs revealed – Insurance coverage Age
    PIB’s buy costs revealed – Insurance coverage Age

    Consolidator moved into Ebitdae revenue in 2017. PIB Group delivered Ebitdae of £4m for the yr ended 31 December 2017, in response to a submitting at Corporations Home. The worthwhile determine reversed the £2.5m lack of 2016 which truly coated 13 months as a result of modifications within the reporting timing. For 2017 turnover soared to […]

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  • The Weblog Spot: Dive in and take motion
    The Weblog Spot: Dive in and take motion

    As this yr’s Dive In Pageant takes place, Ida Axling calls on the industry to vary its methods. About three years in the past I went to the launch occasion of the primary ever Dive In Pageant. At that time I hadn’t been writing about insurance coverage for very lengthy, however it doesn’t actually take […]

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  • Lloyd’s first half income fall once more
    Lloyd’s first half income fall once more

    Market reviews £600m pre-tax outcome. Lloyd’s has revealed decreased income of £600m for the primary six months of 2018 however an improved mixed working ratio of 95.5% (H1 2017: 96.9%). The pre-tax income have been down on the £1.2bn achieved at the beginning of 2017, a yr the place it finally plummeted to a lack […]

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  • Former QBE boss John Neal tipped to comply with Inga Beale as Lloyd’s CEO – stories
    Former QBE boss John Neal tipped to comply with Inga Beale as Lloyd’s CEO – stories

    Beale’s departure deliberate for 2019. Lloyd’s has declined to touch upon reviews that ex-QBE chief John Neal can be its subsequent chief government officer. The information, first reported by reinsurance, adopted on from the announcement earlier this yr that Inga Beale will probably be leaving in 2019 after 5 years within the position. Sydney-based Neal […]

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