Lloyd's
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Discussing tomorrow’s publication of the Blueprint Two interactive guide, the Lloyd’s CEO said market reforms will slash servicing costs by 40%.
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Chris Croft and Caroline Wagstaff will help to assess the UK sector’s competitiveness.
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Digitisation and a possible lesser future for the underwriting room add pressure for a stratum of the market already facing headwinds.
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Samphire Risk is being incubated by Davies, which has supported the launch and hosting of more than 40 MGAs.
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Insurers need to recognise their role in the race to net-zero, preparing for future political, environmental and economic impacts on climate change in the process, the Corporation said.
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After Jen Rigby leaves on Friday, CFO Burkhard Keese will take on a wider remit for operations as COO.
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This publication revealed that Sharp, who was CUO at ESG-focused start-up Parhelion, had left the firm in November.
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After prolonged talks, a contract has been signed to build digital solutions for accounting, settlement and claims services, marking a milestone for the Blueprint Two reforms.
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Lloyd’s will have no further wiggle room to delay the delivery of Blueprint Two elements this year, but it will depend largely on technology partners.
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The rebrand has been supported by the 25 members of the initiative from the Lloyd’s market.
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The deal was brokered by Gallagher Re.
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Hampden Agencies estimated large losses to be 6.8% of 2021 capacity for its syndicates by the end of Q3, with the majority of losses relating to Hurricane Ida.
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