'There is no doubt that climate change increases volatility, frequency and also severity,' says senior di...
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
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
Faster Claims Pilot for delegated authority business underway
We continue to make steady progress in the ‘recovering from loss’ journey for delegated authority business, with the launch of our Faster Claims Payment pilot...
We continue to make steady progress in the ‘recovering from loss’ journey for delegated authority business, with the launch of our Faster Claims Payment pilot...
Article / 3 years ago
Lloyd’s partners with McKenzie Intelligence Services to deliver faster claims service through geospatial technology
Lloyd’s has announced a two-year partnership with geospatial insurtech McKenzie Intelligence Services (MIS)...
Lloyd’s has announced a two-year partnership with geospatial insurtech McKenzie Intelligence Services (MIS)...
Article / 3 years ago
Lloyd’s Lab announces its seventh cohort with a focus on claims and cryptocurrencies
Lloyd’s has today announced the next eleven InsurTech start-ups joining the seventh cohort of the Lloyd’s Lab innovation accelerator programme...
Lloyd’s has today announced the next eleven InsurTech start-ups joining the seventh cohort of the Lloyd’s Lab innovation accelerator programme...
Article / 3 years ago
Improving delegated claims - a behind the scenes look
Hear from the market experts who are the architects for improving delegated claims...
Hear from the market experts who are the architects for improving delegated claims...
Article / 3 years ago