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Insurance
Lloyd’s broker and delegated authority specialist Endeavour Insurance Services has signed an outsourcing agreement with Advent Insurance Management for its claims processing services.   2 July 2018
Insurance
Specialist Lloyd's insurer Neon has launched Orca Insurance Agency, a Lloyd’s approved coverholder that will underwrite on behalf of Neon Syndicate 2468.   2 July 2018
Beale makes ‘tough’ call to leave Lloyd’s amid modernisation push
Insurance
When she took the reins in January 2014, Lloyd’s CEO Inga Beale became the first woman to head the 330-year old market for specialist insurance in London. She is stepping down while the modernisation process is very much a work in progress – a decision she has called tough – though most market participants credit her with having moved the market forward in a positive direction.   29 June 2018
Insurance
Lloyd’s CEO Inga Beale is stepping down next year after leading the global insurance and reinsurance market for five years.   29 June 2018
Insurance
Inga Beale, the chief executive of Lloyd’s, will step down at the end of the year after four years in the role, according to market sources.   29 June 2018
Insurance
Insurtech firm REIN has raised $7.3 million in venture funding and unveiled its first digital product for commercial drone operators, underwritten through Liberty Specialty Markets (LSM).   29 June 2018
Insurance
New York-based Assurant has finalised a $1.3 billion 2018 property catastrophe reinsurance programme reducing the company’s financial exposure and protecting 2.9 million homeowners and renters policyholders against severe weather and other hazards.   29 June 2018
Insurance
Asian life and general insurer FWD Group has held preliminary discussions with investment banks about a possible initial public offering (IPO) as part of regular meetings about the insurer’s strategy, Bloomberg News reported citing people familiar with the matter.   29 June 2018
Insurance
Privately held insurance broker Lockton recorded organic revenue growth in the US of 7.7 percent year on year in its recently completed fiscal year 2018.   29 June 2018
Insurance
Athene Holding, the life insurance affiliate of private equity firm Apollo Global Management, has expressed interest in acquiring all or parts of General Electric’s troubled long-term care insurance business, according to a Financial Times report citing two people familiar with the matter.   28 June 2018

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