Patrick Tiernan, Chief of Markets shares the 2023 preliminary results and Lloyd's market outlook for 2024...
Generative AI is reshaping the cyber threat landscape
The report - Generative AI: Transforming the cyber landscape – focuses on cyber as one of the most complex and critical risks threatening national security and businesses today...
The report - Generative AI: Transforming the cyber landscape – focuses on cyber as one of the most complex and critical risks threatening national security and businesses today...
PR / 1 month ago
Lloyd’s systemic risk scenario reveals global economy exposed to $3.5trn from major cyber attack
Lloyd’s published a systemic risk scenario that models the global economic impact of a hypothetical but plausible cyber attack on a major financial services payments system...
Lloyd’s published a systemic risk scenario that models the global economic impact of a hypothetical but plausible cyber attack on a major financial services payments system...
PR / 6 months ago
Extreme weather leading to food and water shock
Potential economic loss: $5trn...
Potential economic loss: $5trn...
Article / 7 months ago
Faster Claims Payment expands scope with 11 new currencies available for funding accounts
As more managing agents transfer binders across to the award-winning Faster Claims Payment (FCP) solution, Vitesse, LIMOSS, Lloyd's and the FCP...
As more managing agents transfer binders across to the award-winning Faster Claims Payment (FCP) solution, Vitesse, LIMOSS, Lloyd's and the FCP...
Article / 8 months ago
Insurance industry honours Faster Claims Payment solution
FCP wins 'Claims Initiative of the Year' and 'Claims Achievement Award' Solution transforms claims experience for customers and market participants...
FCP wins 'Claims Initiative of the Year' and 'Claims Achievement Award' Solution transforms claims experience for customers and market participants...
Article / 9 months ago
Lloyd’s estimates Hurricane Ian claims between US$2.3bn - US$3bn
Lloyd’s today announced that claims to the Lloyd’s market arising from Hurricane Ian are estimated to be in the range of US$2.3bn - US$3bn net of reinsurance, based on Q3 data provided by Lloyd’s syndicates...
Lloyd’s today announced that claims to the Lloyd’s market arising from Hurricane Ian are estimated to be in the range of US$2.3bn - US$3bn net of reinsurance, based on Q3 data provided by Lloyd’s syndicates...
Article / 1 year ago
LIMOSS and Vitesse, supported by Lloyd’s and the LMA, sign central market contract to enable Faster Claims Payment (FCP)
Managing agents can now sign their individual agreements with LIMOSS and begin to transfer binding authority contracts to the Vitesse platform for claims payment...
Managing agents can now sign their individual agreements with LIMOSS and begin to transfer binding authority contracts to the Vitesse platform for claims payment...
Article / 2 years ago
What is Faster Claims Payment?
A short video introducing Lloyd's Faster Claims Payment (FCP) solution and how it provides fast and direct payment of a claim to a policyholder...
A short video introducing Lloyd's Faster Claims Payment (FCP) solution and how it provides fast and direct payment of a claim to a policyholder...
Video / 2 years ago
FloodFlash casestudy: Paying claims in under 6 hours
FloodFlash is an insurance technology company that combines Internet of Things, catastrophic modelling and cloud computing...
FloodFlash is an insurance technology company that combines Internet of Things, catastrophic modelling and cloud computing...
Video / 2 years ago
First iteration of the Claims Bordereaux Status tracker pilot launched
We are pleased to announce the launch of the Claims Bordereaux Status Tracker first iteration pilot. This pilot will continue to build upon the steady progress that is being made...
We are pleased to announce the launch of the Claims Bordereaux Status Tracker first iteration pilot. This pilot will continue to build upon the steady progress that is being made...
Article / 2 years ago
