Commercial Lines

The new Lloyd’s chief of market performance also outlined target growth areas.

The merger is on track to close in H2 2025, CEO Pat Gallagher said.

Insurers could face a “heightened claims exposure” due to increased regulation scrutiny on the fintech industry, including buy now pay later schemes, AI and crypto, said Nick Rugg, Head of Fintech and Investment Management Insurance for Markel International.

Jim Meakins is the latest in a slew of talent to exit from the syndicate.

Robert Vetch joined the Lloyd’s business as CFO in 2019.

The PE firm’s Aaron Cohen said full integration of broking assets is crucial.

Ed Short was previously VP, digital partners, at Arch.

Corporates buying Lloyd’s syndicates face the culture/integration trade-off.

The MGA has built out a suite of products, including a planned launch into political violence.

The campaign will run throughout June.

Analysts were interested in the potential for fee income from the retail division.

HCI secured three towers with $3.5bn in XoL coverage.