Operations/tech
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The capacity backs the reinsurance underwriter to cover international risks outside the US. -
The report emphasises the need for clarity around roles and responsibilities.
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The company will manage Octave-backed syndicates 4242 and 1416.
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Verisk entered the agreement to purchase the SaaS platform in July this year.
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Insurance Insider reflects on the themes that shaped 2025 for the London market.
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Market sources have also raised the prospect of moving the market beyond bureau reliance.
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As demand rises across the digital asset space for multiple forms of crypto-related insurance, competition is building.
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The broking group also increased its euro loan by EUR160mn to EUR1.16bn.
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The insurer plans to automate around 85% of key functions surrounding underwriting and claims processes.
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PE, more alignment and tech are uncoupling MGAs from traditional market swings.
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The Lloyd’s Market Association (LMA), setting out its “core asks” for 2026, has said it is expecting the market to achieve multiple peer-to-peer technology adoptions next year.
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McGill’s Underscore platform will identify eligible risks for Aegis to follow.
