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A total of 87% of survey respondents are looking to grow their stamp. -
The roles of full-time staff and those on fixed-term contracts are subject to a consultation process now underway.
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Arklie follows in the footsteps of Patrick Tiernan, who recently swapped Aviva for Lloyd’s.
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In the Corporation’s ambition to bring new capital and new businesses to Lloyd’s, the look and feel of the marketplace is slowly changing.
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The market is assessing whether planned single-digit rate rises will outstrip burgeoning claims inflation.
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It has been suggested that a Lloyd’s syndicate could provide a neat solution to the licensing needs of its growing specialty business.
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To walk away from One Lime Street at this juncture would certainly be a very bold statement on how Lloyd’s is embracing modernisation and its future.
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Ascot CEO Andrew Brooks will retain the role of chair for the Lloyd’s Market Association (LMA) for a second term following a unanimous board vote for his reappointment.
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Due to major refit costs at One Lime Street, the Corporation must take a call on extending the lease, buying the building or leaving.
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The Corporation said it will consider using digital platforms as it evolves its thinking on the future of the Lloyd’s underwriting room.
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Lloyd’s broker Parker Norfolk, launched with backing from Maven Capital Partners in 2018, is to sell off its remaining business portfolios and close its doors, this publication can reveal.
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The company’s new UK specialty team will be led by Grahame Lamb, Richard Daws and Jonathan Britton.
