Lloyd’s of London News

Zika Exclusion Now Commonplace in Cancellation Cover for Latin America Events

Organizers of rock concerts and conferences in Latin America or fringe events at the Rio Olympics beware: if you still need insurance to cover cancellation due to the Zika virus, it’s probably too late. The International Olympic Committee (IOC) should …

Lloyd’s Appoints Garigiparthy as Country Manager for India

Lloyd’s announced the appointment of Shankar Garigiparthy as country manager for India. In this new role Garigiparthy will be responsible for market development, representing Lloyd’s in discussions with regulators and building business relationships as Lloyd’s seeks to grow its presence …

How Will Paris Agreement Change The Insurance Industry?

The sweeping agreement to reduce carbon emissions and battle climate change hammered out by world leaders last year could be greatly transformative for the insurance and reinsurance industry, according to industry experts who have read and thoroughly analyzed the document. …

Integro Acquires London-Based Broker, Croton Stokes Wilson Holden

International insurance broker and risk management firm Integro Ltd. announced the acquisition of London-based Lloyd’s broker Croton Stokes Wilson Holden Ltd. Financial considerations of the transaction have not been disclosed. Founded in 1988, Croton Stokes Wilson Holden Ltd. (CSWH) has …

Marketform Exits International Med Mal, Transfers Business to Dale Underwriting

Specialist Lloyd’s underwriter Marketform announced it has transferred its international medical malpractice insurance business to Dale Underwriting Partners, the Lloyd’s licensed underwriter. Marketform said the decision follows a comprehensive review of the business line, and Marketform immediately will cease to …

ArgoGlobal Launches Insure4Drones, Online Portal for UK Drone Insurance

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announces the launch of Insure4Drones. The online portal, developed with approved Lloyd’s coverholder JRW Group, offers click-and-buy insurance products for the UK’s commercial drone market. The new service, which is …

Ironshore Names Alexander Head of Global Property Programs, Based in London

Ironshore Inc. has announced that Melanie Alexander will serve as head of Global Property Programs, overseeing the London-based property facility business. She will report to Tony Mammolite, president of Global Property. Alexander has been underwriting on behalf of various syndicates …

CNA Hardy Joins Lloyd’s China Platform

CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced it has joined Lloyd’s Insurance Company (China) Ltd. in Shanghai by establishing CNA Hardy Underwriting division on the platform. The company began operating from …

Specialist Lloyd’s Underwriter Marketform Announces Senior Appointments

Specialist Lloyd’s underwriter Marketform has announced a number of senior appointments, which are designed to strengthen its leadership team under the new chief executive officer, Martin Reith. With the strategic review of the business nearing completion, the task force, which …

Aon Renews Shortline Railroad Excess Liability Facility

Aon Risk Solutions, the global risk management business of Aon plc, announced that their proprietary Shortline Railroad Excess Liability Facility in London has been renewed through 2018. The Aon Shortline Railroad Excess Liability Facility, backed by the security of Lloyd’s …