Operations/tech

Lloyd’s to create DA data strategy amid delay to key BP2 workstream

The Corporation has resequenced a key Blueprint workstream for delegated authority business, as it looks to create a data strategy for DA in Q4.

Marcel Le Gouais, 16 August 2022
InsurTech ‘financing pain’ will emerge in H2: Eos Ventures’ Powell

Investors are beginning to pull back from writing $50mn+ funding cheques for InsurTechs, according to Zach Powell, general partner at Eos Ventures.

Aisling Finn, 10 August 2022
B3i confirms bankruptcy after funding round failure

The industry initiative around blockchain has filed for insolvency under Swiss law and ceased trading.

Marcel Le Gouais, 29 July 2022
Lloyd’s makes culture strides, but whistleblowing should be focus

The Corporation’s latest market survey on D&I shows key metrics moving in the right direction but persistent fears remain from individuals around speaking out.

Rachel Dalton, 28 July 2022
Corvus opens European office in Frankfurt

The MGA will write cyber for both SMEs and larger corporations via the German base.

Rachel Dalton, 27 July 2022
New digital exchange for DA business aims to fix ‘broken processes’

The new DA-X platform aims to bring the entire delegated authority value chain under one roof for its end-to-end solution.

Marcel Le Gouais, 26 July 2022
Zego to make 17% of staff redundant due to economic ‘headwinds’

The company becomes the latest InsurTech to cull staff as a result of financial challenges.

Luke Harrison, 14 July 2022
Opinion: BP2 at H1 – More breakthroughs, fewer setbacks

After a half-year update on the Blueprint Two programme, Insurance Insider explores what has been delivered, but also the questions on how adoption will play out.

Marcel Le Gouais, 04 July 2022
Parental leave and the London market’s diversity dilemma

As London market carriers encourage parental leave take-up, Insurance Insider explores whether the HR benefit can be a tool to tackle the industry’s diversity issue.

Marcel Le Gouais, 23 June 2022
Lloyd’s analysis: Corporation’s employment spend doubles in 10 years

While aggregate premiums grew by 1.5x between 2012 and 2021, annual expenditure at Lloyd’s on salaries and other employment costs has doubled.

Ben Wylie, 15 June 2022
Opinion: Is it time to buy the Lloyd’s turn?

If you believe that the Lloyd's market has turned around its fortunes, it’s a buyers’ market on Lime Street.

Catrin Shi, 14 June 2022
The FCA’s struggles to resolve an operational ‘omnishambles’

The Financial Conduct Authority is facing a perfect storm of a backlog of approvals, striking staff and an urgent need to transform operations.

Marcel Le Gouais, 10 June 2022