Liberty International Underwriters (LIU) and Liberty Syndicates have launched a joint initiative to provide war and terrorism insurance capacity for Middle Eastern risks. “LIU will distribute its product through Middle Eastern brokers and provide customer service from its regional office …
Cooper Gay Swett & Crawford Ltd (CGSC) announced the appointment of Shaun Hooper as CEO of Cooper Gay & Co Ltd, the Group’s Lloyd’s and London market broker. He has been serving as interim CEO of the company since December …
Lloyd’s Ascot Underwriting Ltd announced the appointment of John Karns as an Underwriter for Ascot Underwriting Inc. in Houston. He is a local resident with “19 years of experience in the US Energy market, most recently as Assistant Vice President …
Cyber crime has become a high profile problem for risk managers, heightened as a result of the recent attacks by hackers on Sony. In an article on its web site Lloyd’s notes that risk manager are increasingly concerned “over the …
Lloyd’s insurer and syndicate leader R.J. Kiln, a member of the Tokio Marine Group, announced that it has bought a 49 percent share in California-based WNC Holdings – a provider of specialty insurance products and services to US-based financial institutions …
Lloyd’s insurer Marketform announced that Directors’ and Officers’ liability underwriter Alexis Bowden has joined the company. She spent 11 years underwriting D&O at ACE European Group prior to joining Marketform. Simon Lotter, Chief Underwriting Officer at Marketform commented: “This hire …
The insurer of Michael Jackson’s planned series of comeback concerts is asking a Los Angeles judge to nullify a non-appearance policy issued to concert promoters. Underwriters at Lloyd’s of London sued AEG Live and Jackson’s company, claiming the concert promoter …
A group of 30 brokers from across the U.S. and Canada are set to visit Lloyd’s this week as part of an annually organized broker program. They will come to London for five days to “learn about the Corporation of …
The Catlin Group Limited announced a “major initiative by the Catlin Syndicate at Lloyd’s and Catlin UK to improve the service provided to brokers.” Catlin explained that as part of the new services its “underwriters in each of its London-based …
Aon Benfield’s Analytics’ Market Analysis team has launched its latest Lloyd’s Update report, covering the market’s financial performance in 2010 and business position in 2011. Key findings contained in the report were summarized as follows: • Lloyd’s reported a 43 …
