Operations/tech
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The insurer wants to block a proposal for shareholders with just 10 percent of the stock to have the right to call extraordinary general meetings. -
Uncontested elections will now require a majority of votes instead of a plurality
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John Neal will receive a smaller salary than Inga Beale, and a smaller pension.
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The departure comes less than six months after the arrival of John Neal as CEO.
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Regulatory initiatives on both sides of the post-Brexit border have eased contract continuity worries, the ratings agency notes.
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Helping instil underwriting discipline among Lloyd’s syndicates and advancing the London market’s digitisation push are top of the new chief’s ‘to do’ list.
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Former Hiscox executive has moved to Axa
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The organisation’s claims work will get a reboot after Lloyd’s CEO John Neal unveils his strategic plan.
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The activist investor takes aim at CEO Mark Watson and prepares to name four new independent director candidates.
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Is it absolutely imperative to run everything out of EC3?
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The reforms would bring claims administrators into the supervisory bailiwick and introduce light rules for a new category of “distributor”.
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The CEO follows in the footsteps of former Lloyd’s boss Beale .
