Operations/tech
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The partnership will add more capacity on the platform from April. -
AI was the hot topic throughout the InsurTech Insights event.
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The injection will be sufficient to take the platform through its next stage of major development.
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The start of phase one is now slated for October at the earliest, not 1 July.
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Computable binding authority agreement set for April 2025 launch.
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Sources believe Lloyd’s may be veering away from central DA systems.
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The syndicate-in-a-box will target £34.1mn in gross premium for 2024.
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As the interim CEO prepares to hand on the role, a major restructure is ahead.
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Impressive results in 2023 will mean big payouts.
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Brokers face pressure on margins as the market’s firming phase slows
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