Operations/tech
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The syndicate is expected to complete an RITC process by late 2025.
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Insurance competition remains vibrant in some of the segments that remain most exposed to persistent risks highlighted by the flagship World Economic Forum report.
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The platform is adding a contract builder component that would smooth adoption of the new MRC v3 contract.
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Business will continue as usual, with the PlacingHub platform still expected to go live in January, the technology firm said.
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The Corporation plans energy efficiency measures and refurbishment of the upper galleries.
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Any firms that struggle to communicate on the new platform will be charged “translation fees” in the long term.
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The delayed introduction of phase two changes was at the request of the LMA, to allow more time for phase one implementation.
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The follow-only algorithmic syndicate has stamp capacity of $925mn for next year.
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The sectors could see many job roles automated as technology advances.
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The programme services carrier will serve UK MGAs from 1 January.
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Delegates at our annual London Market Conference (LMC) described the market as “transforming” and “exciting”.
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London’s insurance market is booming in some ways yet still has multiple challenges to address.
Most Recent
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Correction: Branagan to stay with Mosaic TL team
16 May 2025 -
Daily Digest: Top news from 16 May
16 May 2025