The evolution of the enhanced underwriting model could fundamentally change the way in which Lloyd’s managing agents underwrite their business

The new standards represent a ‘digital-first’ approach, the standards-setting body said

The addition of Liberty Specialty Markets capacity is part of the broader expansion of the digital platform, broker says

The London market has made huge strides streamlining operations, generating efficiencies and improving data acquisition but to avoid squandering the progress made it must press ahead with a holistic service that takes the needs of all stakeholders into account

New facility integrates tracker capacity with algorithmic capacity, providing brokers direct access to both from a single data source

London market bodies insist safety must come first as Lloyd’s confirms further delay to phase one cutover of major market modernisation initiative

The specialty insurer says using Neuron platform will improve the speed and scale of its follow business

Contract capability aims to enable brokers to create structured data templates with API connectivity to their in-house systems

Global broker appoints Claude Yoder as chief data, analytics and digital officer to head the new operation

As the technology arms race intensifies, insurers must navigate the balance between leveraging algorithms for automation and maintaining the indispensable value of human judgement

New functionality simplifies risk renewals for brokers with faster processing, automatic data updates and improved navigation

Lloyd’s protected cell vehicle had established 19 cells by the end of 2024 with committed capital of more than $2.5bn