Operations/tech
-
Insurance COOs predict API and Gen AI most likely to deliver future transformation. -
Syndicate 5757 will target US programme business.
-
Sources also named Mark Cloutier as a long-shot potential candidate for the position.
-
Resulting lowered expenses could feed into Lloyd’s ambitions of building a £100bn premium market.
-
The operation will be led by Stephen Saunders, with Jawad Ghunaim from AIG as CUO.
-
Two-thirds of insurance firms have been challenged about their resilience plans by the regulator.
-
Analysis of directors’ ages shows a shortage when it comes to the next generation of leaders.
-
The move comes after the group delayed a strategic process until 2025.
-
The Oxbow report found that AI use cases span the entire (re)insurance capability model.
-
Syndicate 3123’s opening is “the largest-ever launch of a Names-sponsored syndicate in Lloyd’s”.
-
The model uses machine learning and daily data to forecast hurricane seasons.
-
A new cutover date will only be decided once key activities are completed or near completion.
Most Recent
-
Aon extends Clavarino contract to 2029
09 May 2025 -
Aon sets up new US property facility
09 May 2025 -
QBE boosts Q1 premiums 7% to A$8.3bn
09 May 2025 -
Daily Digest: Top news from 9 May
09 May 2025