Verisk’s Shavel: AI making it easier to calculate casualty exposuresWith deteriorating conditions in the casualty market dominating discussions at this year’s Rendez-Vous, Verisk CEO Lee Shavel has flagged AI as a powerful tool for (re)insurers to better calculate their exposures.
There are advantages to operating in Lloyd’s, particularly the licences. It is undeniable that these are attractive and would open new possibilities for the groupConvex CEO Paul Brand says the group is weighing up a 2025 Lloyd’s entry
Arch’s Williams: Digitalisation to reshape London market over next decade TVDigitalisation is set to reshape how products are traded in the London market over the next decade, according to Arch’s chief strategy and distribution officer Simon Williams, with the carrier already reporting increased efficiencies in the insurance purchasing process for consumers.
Building connections: Bronek Masojada on how he hopes to empower the local community in Sheriff’s role
TV News in FocusLegislativeLMG CEO calls for “specifics” from regulators on “pace of change” following passing of FSM BillThe UK’s landmark Financial Services and Markets Bill has been granted royal assent, marking a significant moment for the London insurance market and its growth prospects and competitiveness.Fri 30 Jun 2023
TV Leading VoicesRegulationMcGovern: No benefit to UK being “first mover” on OECD taxLondon Market Group chair Sean McGovern has warned there is “no benefit to being the first mover” in implementing the OECD’s global minimum tax rate as the regime can only work if “all major jurisdictions” adopt the approach at a similar time.Tue 9 May 2023
TV Leading VoicesCyberWTW’s Swift not ruling out reinsurance re-entryAs WTW’s block-out with reinsurance draws to an end, Alastair “Swifty” Swift says the firm would consider re-entering the space and accessing other capital market vehicles “if it creates better value for clients”.Thu 30 Mar 2023
TV News in FocusPPL’s Gordon: Next Gen is “most complex” change project ever executed in the London marketThe repeatedly delayed launch of PPL’s “Next Gen” platform will represent a “key moment” in the London market’s transformation program when it goes live next month and can even kick-start momentum in other complicated market change initiatives, according to its new CEO Joe Gordon.Mon 20 Feb 2023
