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London reinsurers moving data on to new platforms face tough decisions
London reinsurers moving data on to new platforms face tough decisions 768 256 Davies Group

//This article was first published by Insurance Day The pressure to replace technology systems will increase as the importance of outwards reinsurance programmes grow alongside the risk of a risk-based regulatory regime.  These could truly be described as interesting times for companies in the London market. Brexit aside, London is driving change both internally and…

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Rethinking the legacy of run-off
Rethinking the legacy of run-off 768 256 Davies Group

//This article was first published by Insurance Day The run-off and legacy market is growing and the potential for further significant growth from the US in particular is significant. Looking to the London market the Lloyd’s decile 10 project has prompted increased activity in the reinsurance to close (RITC) market and while the Managing Agents…

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Capacity crunch fuelling MGA struggles
Capacity crunch fuelling MGA struggles 1024 341 Davies Group

//This article was written by Mark Richardson and first published in Insurance Times Lloyd’s bad business clampdown has had a knock-on effect for some MGAs When the plug was pulled on Aspen’s MGA by its new owners, it sent shockwaves through the broking community. The business was generally well regarded by brokers, but in a period…

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Vision is fine but details are sorely needed if market is to progress in its efforts to modernise
Vision is fine but details are sorely needed if market is to progress in its efforts to modernise 1024 330 Davies Group

//This article was first published by Insurance Day The future modernisation of the London market has been a topic for over 25 years.  In recent weeks, Lloyd’s has circulated its vision for the future in order to consult with all areas of the market in an effort to identify which of the six proposals has…

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Broker access recognised as key to market future
Broker access recognised as key to market future 1024 330 Davies Group

Plans to open the Lloyd’s market to regional brokers across the world is clear proof that Lloyd’s has recognised the role they and technology can play. Lloyd’s launched its prospectus for its future last week (May 1st, 2019) and Steve Goate, Director of Intermediary Services at Davies said the plans laid out by CEO John…

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Why insurance brokers can still look to Lloyd’s for new markets
Why insurance brokers can still look to Lloyd’s for new markets 1024 330 Davies Group

//This article was first published by Business Insurance As brokers get set to head to Manchester for the annual conference of the British Insurance Brokers’ Association (BIBA) Steve Goate (pictured), director of intermediary services at Davies Insurance Services say UK retail brokers have the opportunity to access Lloyd’s directly to make the most of the…

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