Start-ups
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This will be the 15th cohort of companies to go through the Lloyd’s Lab. -
The tech firm is building a joint stock company with insurers and investors.
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Lloyd’s has pursued a Big Game Hunting strategy to lure major insurers into the market.
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The broker’s joint venture with Bain Capital still lacks a CEO.
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The reinsurer is moving all its non-cat business to the new syndicate, leaving 1910 focussed on peak cat.
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US retailers have various levers to pull to put pressure on potential new competitors.
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Part of the syndicate’s premium for clinical-trial-funding cover will move to Syndicate 1902.
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The underwriter was head of financial institutions at LSM for six years.
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The firm will target mid-market risks with TIVs of $25mn-$1bn.
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The Asta-managed syndicate aims to commence underwriting later this year.
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The expansive European broker is targeting Mike Parrish’s team and former McGriff staff.
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Dan Prince said the firm will work with brokers’ existing relationships.
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