Lloyd’s, in partnership with Guy Carpenter and cyber analytics specialist CyberCube, has launched a new report, The Emerging Cyber Threat to Industrial Control Systems, which provides an original analysis of potential cyber-attack pathways to an industrial target. As cyber threats continue to evolve and become more sophisticated, it is crucial for insurers to understand ... Continue Reading »
Lloyd's
Capital and The Insurance Industry During COVID-19
Vicky Carter, Guy Carpenter Chairman of Global Capital Solutions, International, recently spoke to Mark Geoghegan, Editor at The Voice of Insurance about capital in the (re)insurance industry during the COVID-19 pandemic. ... Continue Reading »
Silent Cyber – No Longer Silent: Part Two
The goals of Lloyd’s and global regulators are to safeguard the sustainability of the insurance market, provide contract certainty for clients and drive innovation of new cyber products to fill the evolving needs of clients, according to Guy Carpenter colleagues Siobhan O’Brien, International Cyber Center of Excellence Leader, and Erica Davis, North America Cyber Center of ... Continue Reading »
Baden-Baden Reinsurance Symposium Examines (Re)insurance Market Opportunities Generated by Industry 4.0
Guy Carpenter hosted the Reinsurance Symposium in Baden-Baden on October 20, 2019. The eleventh year that Guy Carpenter has hosted the event, the Symposium posed the question: “Is the (re)insurance sector ready for Industry 4.0?” ... Continue Reading »
Artificial Intelligence will help automate bespoke policies, says Lloyd’s Maynard; MMC Young Professionals’ Global Forum 2019
Artificial Intelligence (AI) offers the potential to automate how the insurance market delivers truly bespoke insurance products, according to Trevor Maynard, Head of Innovation at Lloyd's. Speaking at the MMC Rising Professionals' Global Forum in London, Dr. Maynard said: "AI raises some really interesting possibilities in terms of automating how we deliver bespoke ... Continue Reading »
Sir Richard Dearlove plays down Brexit but warns insurers of risks posed by “new international order”; MMC Young Professionals’ Global Forum 2019
The impact of Brexit on the London insurance market will be minimal, according to Sir Richard Dearlove, OBE, Non-executive Chairman of Ascot Underwriting, describing Brexit as "a sideshow." Addressing delegates at the MMC Rising Professionals Global Forum, Mr. Dearlove said: "The London insurance industry is a global industry, not a European industry, so the effect of Brexit ... Continue Reading »
John Neal: Lloyd’s must seize “once in a generation” opportunity to embrace digital transformation; MMC Young Professionals’ Global Forum 2019
The Lloyd's market must evolve and evolve fast or risk driving itself into irrelevance. This was the warning from Lloyd's chief executive Mr. John Neal as he addressed delegates at the 2019 MMC Rising Professionals' Global Forum in London today. ... Continue Reading »
Industry Must Act to Avoid a “Kodak Moment”
In his first speech as Lloyd’s new chairman, Bruce Carnegie-Brown said the insurance industry must do more to change and innovate or run the risk of being disrupted by external players. ... Continue Reading »
Industry Must Act to Avoid a “Kodak Moment;” MMC Young Professionals’ Forum 2017
In his first speech as Lloyd's new chairman, Bruce Carnegie-Brown said the insurance industry must do more to change and innovate or run the risk of being disrupted by external players. ... Continue Reading »
Guy Carpenter Assesses Implications of Current Market Dynamics on Pricing Environment
Challenging market conditions due to abundant capacity, the ongoing influx of new capital and limited loss experience, continue to put pressure on the reinsurance sector, while recent M&A activity is adding a new dynamic to the mix. This is according to the panel of speakers at the eighth annual press briefing held at the Reinsurance Rendez-Vous 2015 in Monte Carlo, by Guy ... Continue Reading »
