Insurtech Lemonade Launches in UK October 3, 2022 Lemonade, the New York City-based insurtech that is powered by artificial intelligence, has launched in the United Kingdom, following previous...
UK Insurers, Banks Told to Do More to Help Customers Struggling With Cost of Living September 29, 2022 By Huw Jones Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more to help customers struggling with a...
Acrisure Buys UK Broker CRK Commercial Insurance Services Ltd. September 28, 2022 Acrisure, the fintech company that operates a top-10 global insurance broker, announced it had acquired CRK Commercial Insurance Services Ltd.,...
Cyber MGA Resilience Launches UK Operation September 28, 2022 Resilience, the San Francisco-based cyber managing general agent, has launched an operation in London to serve the UK market. In...
Bank of England Won’t Take ‘Risky Bets’ to Boost City of London’s Competitiveness September 27, 2022 By Huw Jones The Bank of England’s new objective of helping the financial sector remain globally competitive should not encourage risky bets on...
Britain Proposes Reforms for Insuring Apartment Blocks After Deadly Grenfell Tower Fire September 21, 2022 Britain’s financial watchdog has proposed reforming how apartment blocks are insured after the deaths of 72 people in the Grenfell...
Lloyd’s of London to Pay Some Staff £2,500 Cost-of-Living Bonus September 8, 2022 By Benjamin Robertson and Will Louch Lloyd’s of London will pay staff earning less than £75,000 ($86,306) an extra £2,500 to help cover rising living costs...
UK Government to Pursue ‘Big Bang 2’ Reforms for City of London: New Chancellor September 8, 2022 By Katherine Griffiths Kwasi Kwarteng, the UK’s new chancellor of the exchequer, said the government will pursue sweeping financial reforms to unleash growth...
Cyber MGA Coalition Launches in UK Insurance Market September 6, 2022 Coalition, the San Francisco-based cyber managing general agent, began trading in the UK, effective Sept. 1, and has opened a...
New UK Prime Minister Promises to ‘Unshackle’ City of London September 6, 2022 By Huw Jones Liz Truss becomes Britain’s prime minister on Tuesday after a campaign in which she promised to “really unshackle” the City...