Operations/tech
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In a decade this market could grow from $5bn to $60bn. -
Parent MS&AD highlighted “strong underwriting fundamentals”.
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A new report put enhanced underwriting at 7% of Lloyd’s GWP with potential for fast growth.
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CEO Stef Raftopoulos said the company platform will let the operation reach a suitable scale.
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The number of Corporation roles potentially impacted remains unknown.
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Good leaders and embracing data are key, panellists said.
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Innovation is moving too slowly, experts said at Insurance Insider’s London Market Conference.
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Insurers should reform underlying data before using AI, according to experts.
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Growth vs discipline, smart follow and M&A mean 2025 will be a mixed bag for London.
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The business’s total stamp for both syndicates has hit £1bn for 2025.
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It is understood the increase is mainly due to a new professional lines team.
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The QIC-owned carrier has completed extensive remediation in the past two years.
