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Market modernisation

News, insight and comment on how the re/insurance market is changing for the future.

'Digital syndicates are Lloyd’s future'

Data-driven underwriting will streamline the management of delegated authority business, drive down market costs and improve profitability for both coverholders and syndicates

Distribution Market Modernisation

Weighing up Lloyd’s options

As the new year approaches, Lloyd’s needs to take a pragmatic view of the next stage of the market’s evolution

London Lloyds

'The capabilities of bordereaux have been stretched beyond their limits'

Technology advances in recent years mean Lloyd’s, with minimal input from coverholders, can now electronically compile its own reports using data already held by the market

Market Modernisation Lloyds

'Ruschlikon success proves that collaboration drives innovation'

After transforming the accounting and settlement process, the Ruschlikon initiative is now being expanded into the placement process to facilitate the ultimate goal of straight through processing

Viewpoint Market Modernisation

Limited digitisation of trade credit insurance is restricting market’s potential

The increased use of technology by trade credit insurers will streamline deal flow and significantly expand the volume of business conducted in the market

Viewpoint Specialty

'Returning to the Underwriting Room is not about reinstating the past'

Time spent in the Lloyd's Underwriting Room can now be optimised for targeted and complex negotiation with numerous markets

Lloyds Market Modernisation

UK listed insurers' gender pay gap widens

Some companies drop back from previous years

United Kingdom Market Modernisation

Insurtechs grapple with pandemic 'double-edged sword'

Lockdowns have led to rapid acceleration of role of technology in the London market, but lack of face-to-face contact has created challenges, experts say

Insurtech London

'The London market must not drown itself in technology'

Now the pandemic’s grip is easing, the London market needs to be clear about its strategic priorities, of which technology is only one part

London Technology

'It is time reinsurers embraced digital trading'

It is unsustainable for reinsurers to conduct business in the same old expensive and time-intensive way, when they can trade the most complicated treaty risks digitally and transparently

Viewpoint International

Acord brings in new standards for e-placing

Data standards expanded to help re/insurers with electronic placing

London International

PPL picks Deloitte for NextGen platform

Plans to roll out new version of the London market trading platform, which aims to deliver improved functionality and better data, in 2022

London Market Modernisation
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