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Marsh-backed MGU Victor Insurance Holdings has received approval from Lloyd’s to establish a new syndicate with a stamp capacity of £57mn ($75mn), supporting a business plan of $100mn...
Lloyd’s has raised £300mn ($394mn) in senior debt to fund the solutions announced in its Blueprint One transformation programme...
Aon has sued five former staff members who left to launch startup Infinite Equity, claiming they stole trade secrets and lured clients away from their ex-employer...
BGC Partners is working on a digital exchange for the placement of risks in a project headed by former Ed group head of broking Jonathan Prinn, The Insurance Insider can reveal...
MGA Optio has launched a new political risk proposition, with capacity from Hiscox and several other Lloyd’s syndicates...
Lloyd’s broker SSL Endeavour will launch a Miami-based MGA in January next year as it looks to expand into Latin America...
Risk analytics specialist Praedicat has developed a casualty product with Lloyd’s Lab to provide coverage for excluded or under-insured industrial products and chemicals...
InsurTech Zego has been awarded an insurance licence from the Gibraltar Financial Services Commission which allows it to create and sell its own insurance products...
Lloyd’s has been “literally overwhelmed” with the number of approaches to its syndicate in a box (SIAB) initiative, and its initial target of eight to 10 SIAB...
Former Standard Syndicate 1884 active underwriter Robert Dorey has launched a marine cyber MGA and consultancy to improve cyber security for ports and shipping operators...
