Lloyd’s New CEO Neal Takes the Helm

Article 0 Comments Lloyd’s, the specialist insurance and reinsurance market, today welcomes John Neal as its new chief executive officer. Neal brings more than 30 years’ experience in the insurance industry, most recently as group CEO of QBE Insurance Group. He succeeds Inga Beale who announced in June 2018 that […]

Former QBE Group CEO Neal Appointed as Lloyd’s CEO, Succeeding Beale

Article 0 Comments John Neal has been appointed as the chief executive officer of Lloyd’s following a meeting of the Council of Lloyd’s, where his appointment as successor to Inga Beale was approved unanimously. Neal will take up his position at Lloyd’s on Oct. 15, 2018. Neal’s whole career has […]

Lloyd’s Conducts Business Review in Wake of 2017’s $2.6 Billion Loss: Sources

Article 0 Comments Lloyd’s of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after Britain leaves the EU, industry sources said. The review, coming after a 2-billion-pound ($2.64-billion) loss last year and the […]

U.S. Sanctions Likely to Ban Use of Lloyd’s IT Platform for Processing Iran Insurance

Article 1 Comments New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European insurers, reinsurers, brokers and shipping firms have been winding down Iranian business as the United […]

Lloyd’s Launches Digital Distribution Platform Called ‘Lloyd’s Bridge’

Article 0 Comments Lloyd’s, the specialist insurance and reinsurance market, has launched a digital distribution platform – Lloyd’s Bridge – designed to quickly, easily and efficiently connect insurance businesses and entrepreneurs with Lloyd’s underwriters. Lloyd’s Bridge is an online platform that matches insurance businesses with underwriters from the Lloyd’s market, […]