All News articles – Page 71
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NewsInsured losses from Storms Dudley and Eunice predicted to reach up to €4.5bn
The global insured losses arising from Storms Dudley and Eunice, which hit the UK in February 2022, are expected to reach between €3bn (£2.5bn) and €4.5bn (£3.7bn), according to risk modelling firm RMS.
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NewsBeazley partners with Lloyd’s Lab alumni on IVF insurance proposition
Beazley has partnered with Lloyd’s Lab alumni and insurtech Gaia to offer a new insurance solution for individuals undertaking in vitro fertilisation (IVF) treatment.
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NewsBeazley targets cyber book growth in 2022 following increased customer demand
London market insurer Beazley is geared up to grow its cyber book in 2022, aiming for premiums in this line to “represent more than 15% of our business”, according to chief executive Adrian Cox.
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NewsTop 10 cyber incidents last year cost firms $600m
Cyber threats are more common, more dangerous and more destructive than ever before - Tokio Marine HCC International
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NewsFCA urges firms to beef up cybersecurity amid Ukraine tensions
Businesses must take a more active ‘defence-in-depth’ approach to combat ransomware reprisal attacks
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NewsZurich UK returns to pre-pandemic level with £450m operating profit
Zurich UK has returned to its pre-pandemic level with a business operating profit of £450m for the year ending 31 December 2021, according to its year-end financial results, published today (10 February 2022).
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NewsChaucer and Moody’s launch ‘game changing’ ESG scorecard
Tool will evaluate businesses’ risks and opportunities based on 158 different ESG metrics
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NewsHowden snaps up Willis Towers Watson chief executive to head France
Insurance intermediary firm Howden has appointed former Willis Towers Watson (WTW) GB boss Nicolas Aubert as its chief executive of France.
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NewsHard market continues with cyber rates up 130% in Q4
It was the 17th consecutive quarter of commercial insurance price increases, according to Marsh
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NewsInsurtech MGA using parametric call to brokers after $120m funding
Insurtech MGA Descartes Underwriting has raised $120m as it looks to expand relationships with brokers.
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NewsLloyd’s plan for consistency in face-to-face meetings amid rise in home working
Transparency on when underwriters will be available in person is needed
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NewsLloyd’s of London launches interactive guide and road map for Blueprint Two
Blueprint Two, which was first published in November 2020, sets out the planned implementation of new digital solutions for the Lloyd’s market - these aim to make transactions faster and cheaper for participants.
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NewsInsurtech receives ‘in principle’ approval for Lloyd’s syndicate in a box
Insurtech Micro Insurance Company (MIC) Global has received ‘in principle’ approval from Lloyd’s for the creation of a syndicate in a box (SIAB), called MIC 5183.
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NewsAegis London promotes internally for new chief underwriting officer
Aegis London, which operates Lloyd’s Syndicate 1225, will promote Matthew Yeldham to chief underwriting officer (CUO) in July 2022.
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NewsLaka raises $12m to build e-mobility insurtech in Europe
Insurtech Laka has raised $12m (£8.8m) in a series A funding round - this will be used to build an e-mobility insurtech in Europe.
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NewsInsurtech Send Technology Solutions makes US debut via partnership
UK insurtech Send Technology Solutions (Send) has revealed its first partnership in the US, with specialty liability insurance provider Bowhead Specialty Underwriters (Bowhead).
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NewsWTW hires ex-Lloyd’s chief digital officer to lead commercial lines strategy
Willis Towers Watson (WTW) has hired former Lloyd’s of London chief digital officer Louise Smith, to help the broker fast track its digital trading capability.
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NewsAon bolsters UK leadership team with new COO
Global professional services firm Aon has bolstered its UK leadership team, with Katy Whelan taking the reigns as its new London chief operating officer (COO).
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NewsLloyd’s looks to relocate after more than three decades in current home
Lloyd’s of London has hinted at making an office move in 2022 as it considers whether to remain in its London headquarters following increased homeworking as a result of the Covid-19 pandemic.
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NewsPrevisico scoops ex-Charles Taylor group chief exec as chairman
Previsico is aiming to become a global insurtech leader in live flood forecasting - Marock’s appointment is therefore designed to support the company’s executive team as the business continues to grow.
