Lloyd’s Lab, the global insurance market’s new innovation sandbox, is launching a global search for tech talent to partner with the Lloyd’s market and develop solutions for its unique and rapidly changing needs. In order to support its digital evolution, …
Lloyd’s and modeling company Arium have launched a tool designed to enable insurers and reinsurers to model liability exposure probabilistically across their entire portfolios, Lloyd’s announced. “The new approach categorizes casualty events based on a company’s business activities – its …
Lloyd’s announced details of its new Corporation Operating Model (COM) that it said will enable it to deliver its Vision 2025* more effectively and efficiently. Effective Jan. 1, 2017, COM will enable Lloyd’s to keep “a sharper focus on its …
“We’ve been working on the development of an open source framework for catastrophe models for the last three years, but the idea for the project originated well before,” said Trevor Maynard, Head of Lloyd’s Exposure Management and Reinsurance team, in …
The Oasis Loss Modelling Framework has unveiled what it describes as “the most significant development in the modelling of natural catastrophe losses for 20 years”— the launch of an independent, global, open framework for use by any party with an …
