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Liberty Specialty Markets nabs AXA XL’s Lloyd’s chief for new London role
Insurance
Liberty Specialty Markets nabs AXA XL’s Lloyd’s chief for new London role
The newly created role will craft and own a new strategy for the LSM London insurance business.   19 June 2023
Do as cyber insurers say, not as they do: insurers show weak links
Insurance
Do as cyber insurers say, not as they do: insurers show weak links
One quarter of the UK Top-50 insurers have cyber security stances they would resist insuring.   19 June 2023
80% of underwriters worry AI will reshape roles
Insurance
80% of underwriters worry AI will reshape roles
That was according to Intelligent Insurer’s Big Underwriting Survey 2023.   19 June 2023
Insurance
Tech investments paying off: tech savvy Lloyd’s syndicates are pulling away
Syndicates with the biggest jump on tech have a 6 point combined ratio lead over luddite peers.   16 June 2023
Insurance
Skyline, Spire tie-up to bring satellite data to parametric insurance
They aim to develop new risk transfer tools to help close the coverage gap.   16 June 2023
Insurance
Aon picks 35-year vet to take strategic new role as vice chair
The executive will advise Aon on risk capital opportunities.   16 June 2023
Insurance
US cat streak rolls on: Allstate’s Q2 hit now up 2.4x y/y
The Allstate Q2 cat totals shouldn’t be frequency: storm counts are mercifully down.   16 June 2023
Insurance
AI-powered climate risk insurtech Reask nabs $6.5m funding for expansion
The start-up seeks to expand its extreme weather modelling and hazard coverage to the US.   16 June 2023
Insurance
Howden snaps up German marine broker to fuel ambitious European strategy
Howden Europe CEO says expansion highlights need for alternatives in the market.   16 June 2023
Insurance
MOVEit hack: what it means for insurers
The MOVEit breach, even as an isolated incident, carries the potential to escalate into a significant event. For insurers, this could translate into a variety of complex claims and serve as a stark wake-up call on the nature of systemic risks in the cyber space while prompting the industry to rectify existing vulnerabilities, warns a cyber expert.   15 June 2023

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