Brit
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The scale of the claim deals a substantial blow to the subsection of the energy market, but is not as large as first feared.
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Insurance Insider does the data work on how Ki’s first-year numbers compare with other Lloyd’s start-ups.
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Cornell Fox joins as head of investor relations and business development, while Masa Kitade has been enlisted as head of business development for Asia.
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The carrier generated a combined ratio of 95.7% for the year, a 17.0-point improvement year on year.
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Joanne Allen joins Brit from Argo Global, while Thomas Poynder joins from Managing Agency Partners.
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James Allchorne and Laura Wells will work in the team headed up by Neil Russell.
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Bilge Mert will work on delivering a data-driven platform for underwriting, claims and operations.
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The continuous contracts will go live in January 2022 and be powered by a data-driven review process.
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A total of 12 managing agents control £1bn or more of capacity, analysis shows.
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After the HCI-owned InsurTech TypTap filed for an IPO in the US, Insurance Insider looks at other carriers that could unlock sky-high value from their tech-led subsidiaries.
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The significant increase in planned premium will be interpreted as a vote of confidence in the low-cost, follow-only model from Lloyd’s.
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The appointment follows the departure of underwriter Alex Harris, who has joined Antares.
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