Policies will pay out for costs such as legal fees and court damages if AI tools underperform
The inimitable insurance market has to ensure it remains attractive in the face of global competition
Bruce Carnegie-Brown endorses Patrick Tiernan as insurance market prepares for three top jobs to change hands
John Neal warns geopolitics and regulatory requirements will add to cost of policies
Commercial insurance prices likely to remain high because of natural disasters and geopolitical risk, says marketplace
Policy includes 24/7 hotline and 60-day plan to manage negative media coverage
Insurance market’s scheme attracts growing interest from alternative managers
Head of world’s oldest insurance market steered it through Covid but was criticised for delays to IT overhaul
AIG, Chubb and Lloyd’s of London among those facing multibillion-dollar claim
The market is performing at its best since 2007 but a crucial systems upgrade is running very slow
Insurance market names successor to Bruce Carnegie-Brown
New byelaws proposed as insurance market battles poor reputation for participant conduct
John Neal expresses concern on deterring investment in latest industry warning ahead of Budget
Vote follows objection from Lloyd’s of London chair to 73-storey building near site of historic insurance market
The chief executive on the nature of risk, Trump vs Biden — and what keeps him awake at night
Industry benefits from specialist knowledge of everything from shipwrecks to cyber attacks
Head of London market says disaster may produce largest maritime claim in history
Specialist insurance market is looking to rebuild a base among private investors
There is still a fragility to the recent success of the world’s oldest insurance market
Lloyd’s of London among those hit by lawsuit in High Court
Institution expects insurance prices to remain high in coming years
Insurer buys Probitas for £242mn and gains re-entry to specialist insurance market
Mitsui Sumitomo to increase capacity and jobs in Lloyd’s of London and the surrounding company market
The insurance marketplace will remain at One Lime Street in a commitment to in-person trading
Tysers and HW Wood paid bribes via Florida bank accounts, say authorities
