Latest Lloyd's Headlines

All the headlines from our Lloyd's Topic Page, ordered by recency.

Lloyd’s to End Most Paper Trading by End of 2019

Apr 24 2018 // Most business on the Lloyd’s of London insurance market will be negotiated electronically by the end of next year, its chief executive Inga Beale said on Monday.The largest commercial insurance market in the world...

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Apr 16 2018 // SIAA (Strategic Insurance Agency Alliance) has hired Gretchen Klemm as a contracts compliance manager at its Hampton, N.H., location.In this role, Klemm will manage day-to-day interactions with independent agency members...

Lloyd’s Market Association Names New Board Members for 2018

Apr 3 2018 // The Lloyd’s Market Association (LMA) has announced four new members of its board, following a recent nomination process.Effective from the annual general meeting to be held on May 31, 2018, one new and three...

Non-Catastrophe Losses, Natural Disasters Take Toll on Lloyd’s Market in 2017

Apr 2 2018 // The Lloyd’s market’s pre-tax loss of £2 billion (US$2.8 billion) in 2017 was partly due to hurricanes and wildfires in the third and fourth quarters. But these losses were exacerbated by the continued...

Integro to Buy Lloyd’s Broker Tysers; Integro’s UK Wholesale Unit to Use Tysers’ Brand

Mar 29 2018 // Integro Insurance Brokers, the New York-based insurance brokerage and specialty risk management firm, announced it will acquire 100 percent of Hawkes Bay Holdings Ltd. (HBH), the privately owned parent company of Tysers...

Endeavour Expands Capability of Claims Platform Used by Canadian Coverholders

Mar 26 2018 // Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services has added new functionality, including Lineage compatibility, to its Advantage claims platform, further improving claims handling for...

Attritional Losses Take Their Toll at Lloyd’s, Along with 2017’s Natural Catastrophes

Mar 23 2018 // The Lloyd’s market’s pre-tax loss of £2 billion (US$2.8 billion) in 2017 was partly due to hurricanes and wildfires in the third and fourth quarters. But these losses were exacerbated by the continued...

Lloyd’s CEO Warns Insurance Policies’ Continuity at Risk Under Brexit

Mar 21 2018 // Lloyd’s of London Chief Executive Officer Inga Beale said insurance contracts across Europe will remain at risk unless there’s an agreement on how they should be treated in post-Brexit Europe.“Regulators...

Pembroke Managing Agency Gets Nod to Manage Lloyd’s Syndicate for India’s GIC Re

Mar 21 2018 // Pembroke Managing Agency Ltd., the London-based subsidiary of Ironshore, has been granted approval by Lloyd’s to establish and manage a syndicate for India’s GIC Re.GIC Syndicate 1947 has been granted...

Lloyd’s Appoints Black as Northeast Region Market Development Lead

Mar 20 2018 // Lloyd’s, a global specialist insurance and reinsurance market, has appointed Dawnmarie Black as the market development lead for Lloyd’s Northeast region.She will be based in the Boston, Mass., area in her new...

Lloyd’s Broker Endeavour Taps Bloodstock Specialist Stonehatch as Appointed Rep

Mar 16 2018 // Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services announced that niche broker Stonehatch Risk Solutions has become an appointed representative of the company.Based in London, Stonehatch...

Castel Bloodstock Secures New Binder with Lloyd’s Capacity

Mar 8 2018 // Castel Bloodstock has secured a new binder with Lloyd’s capacity, provided by Canopius Syndicate 4444 and AEGIS Syndicate 1225.The new capacity supports a bloodstock account focusing on high value thoroughbred,...

AEGIS London Appoints Trudeau from Crawford & Co. to Manage Canadian Claims

Mar 7 2018 // Carrie Trudeau has been hired by Lloyd’s managing agent AEGIS London to manage claims notified by its Canadian coverholders.Based in Toronto, Trudeau will focus on strengthening relationships with London market...

Y-Risk Approved as Lloyd’s Coverholder for Cyber, Technology E&O Product

Mar 7 2018 // Y-Risk, LLC, a specialty underwriting management company, has been approved as a Lloyd’s coverholder with authority for cyber and technology E&O insurance on behalf of certain Lloyd’s syndicates. Y-Risk is...

Christian Named Aon Benfield’s Global Chairman; Page Promoted to CEO of Aon UK

Mar 1 2018 // Aon plc announced that Dominic Christian has been appointed as global chairman of Aon Benfield. At the same time, Julie Page has been promoted to chief executive officer of Aon UK Ltd., subject to regulatory approval.Most...

Hamilton at Lloyd’s Reorganizes Underwriting Team

Feb 20 2018 // Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, announced the details of a reorganization of its underwriting team.Pending...

Lloyd’s Market Association Launches Claims Development Training Tool

Feb 20 2018 // The Lloyd’s Market Association (LMA) has launched the Claims Development Pathway, an interactive training and development tool that will provide support to claims professionals in the Lloyd’s market, at every...

Brit Expands Capacity for Bermuda Sidecar Versutus & Lloyd’s Syndicate 2988

Feb 15 2018 // London-based Brit Ltd. has renewed and expanded the collateralized reinsurance capacity provided by its Bermuda domiciled sidecar, Versutus Ltd., in support of Brit’s property catastrophe portfolio for 2018.Marking...

ArgoGlobal Launches Lloyd’s Market Motor Treaty Consortium, Supported by Barbican

Feb 12 2018 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the launch of the first Lloyd’s market consortium for motor treaty business.The consortium, led by ArgoGlobal and supported by Barbican...

London Market Single Claims Agreement Launched to Improve Claims Handling

Feb 1 2018 // The London market has launched a simplified system for claims handling in an effort to improve client service and streamline claims agreement across the London market.The Single Claims Agreement is designed “to...