Hampden Agencies names Wood CEO following Smith retirement
Lloyd’s members’ agent Hampden Agencies has announced the retirement of CEO Neil Smith, with the role to be taken up by director and head of research Alistair Wood.
Beazley’s Smart Tracker approved to become full syndicate
Beazley’s Smart Tracker Syndicate 5623 has been granted full syndicate status by Lloyd’s in a move which will see the platform transition from its current special purpose arrangement (SPA) model from 1 January 2023.
Tiernan: Lloyd’s expects flurry of new 2023 syndicate plans due to Q4 reinsurance crunch
Lloyd’s anticipates a flurry of new 2023 syndicate business forecasts following the Q4 “dislocation” which has seen the availability of reinsurance contract sharply and rates spike ahead of 1 January.
Lloyd’s to write record £56bn+ GWP in 2023 as it sees Q4 “dislocation”
Lloyd’s has provisionally forecast 14.3 percent top-line growth at constant exchange rates for 2023, leading to a planned market-wide GWP of £56bn ($68bn).
Buesnel: Blueprint Two needs a “lightbulb moment” in next 12-24 months
The next 12 to 24 months should see a “lightbulb moment” for the industry where an end-to-end transaction exemplifies the new era of digital transformation, according to Clive Buesnel.
Lloyd’s CEO John Neal urges market to “seize the opportunity” of £300mn Blueprint Two transformation
Lloyd’s is standing at a “pivotal point” in its digital transformation journey, CEO John Neal said today as he urged the market’s underwriters and brokers to “seize the opportunity” afforded by his modernisation initiative.
Neal confirms Blueprint Two now delayed until 2024
Lloyd’s CEO John Neal has provided an upbeat assessment of his Blueprint Two market modernisation initiative but also confirmed completion has been delayed and will now slip into 2024.
All London market tech partners now support Blueprint Two solutions: Lloyd’s
Lloyd’s has confirmed that all London market technology vendors that interact with the existing central services intend to accommodate the new Blueprint Two solutions.
Hampden Agencies names Wood CEO following Smith retirement
Lloyd’s members’ agent Hampden Agencies has announced the retirement of CEO Neil Smith, with the role to be taken up by director and head of research Alistair Wood.
Allianz’s Richard Boyd to lead Acrisure’s £84mn Flux Syndicate launch
Richard Boyd has been named active underwriter for Acrisure’s new Asta-managed Flux Syndicate 1985, which will have a stamp capacity of £84.4mn ($101mn) for its first year of trading.
Lloyd’s hires senior civil servant Ogungbe-Akuwanu for resilience role
Lloyd’s has bolstered its government relations and policy capabilities with the hire of former Department for International Trade (DIT) civil servant Annah Ogungbe-Akuwanu, The Insurer can reveal.
Chord Re to pivot towards specialty as CEO Meyer departs
Beat Capital’s Chord Re has parted ways with its chief executive Tom Meyer and a number of underwriters following the move by the MGA to shift its focus to specialty lines after its capacity arrangement with Syndicate 2689 comes to an end, The Insurer can reveal.