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The Lloyd’s CEO told Insurance Insider’s (Re)Connect conference that carriers will need to measure progress and disclose activities at a customer level during the transition to net zero. -
Speaking at this morning’s opening session for Insurance Insider’s (Re)Connect conference, Patrick Tiernan, chief of markets at Lloyd’s, reiterated the Corporation’s expectations over business plans.
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The initiative aims to improve transparency in the delegated authority claims process.
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Lloyd’s said the new agreement will provide its market with access to multi-source intelligence through the Global Events Observer platform.
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The carrier named Mark de Saram as chairman of Ariel Re Managing Agency.
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Edwards will begin his new role in October and comes as TigerRisk looks to expand its P&C team.
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While some Lloyd’s stakeholders are frustrated by the lack of visibility on Blueprint Two reforms, the Corporation is poised to up the ante on engagement on timeframes.
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With execution risk higher than ever on delivering the NextGen platform, PPL now finds itself at a crucial fork in the road.
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The Corporation’s chairman has suggested that insurers slow to withdraw support for carbon-intensive activities risk “damaging” Lloyd’s reputation.
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11 InsurTechs form the latest line-up for the innovation accelerator programme.
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Arch, Beazley, Dale, Hiscox and Munich Re are among several insurers said to be supporting the scheme, which will see the government serve as "reinsurer".
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Various workstreams for the Sustainable Markets Initiative Insurance Task Force now have about three months to flesh out their frameworks.
