Agile Underwriting Solutions’ Post

Lloyd's has delivered its strongest #underwriting result since 2006 with a combined ratio of 84.0 percent for 2023, an improvement of 7.9 percentage points on the prior year and just 0.9 points off the market’s modern record. #Insurance #LondonMarket #Profits #Growth #2023results https://lnkd.in/efrye4Fp

EXCLUSIVE: Luck leads accelerated process to find new Lloyd’s chair as candidates emerge Learn more👇 https://lnkd.in/gh6TCYRc Council member and former Bermudian executive Fiona Luck is currently driving an accelerated process to find Bruce Carnegie-Brown’s successor as chairman of the Lloyd’s market, The Insurer can reveal. #PeopleMoves #LondonMarkert #insurance #reinsurance #insurancemarket #reinsurancemarket #insurancenews #reinsurancenews

INTERVIEW: Keese: Lloyd’s price adequacy drive led to premium target miss in FY23 Learn more👇 https://lnkd.in/e23KjcAa Lloyd’s CFO Burkhard Keese reiterated that price adequacy is at the heart of the Corporation’s growth strategy as he revealed the market missed its calendar year premium target by ~£4bn amid a deterioration in underwriting conditions in some classes of business. Burkhard Keese | Lloyd's #results #insurance #reinsurance #insurancemarket #reinsurancemarket #insurancenews #reinsurancenews

Exciting Times ahead

A recent article from TradeWinds delves into the current dynamics of the P&I insurance sector and sheds light on the resilience and optimism within the industry. In an interview with Tradewinds, Simon Williams, Chief Underwriting Officer, Britannia P&I, provided commentary on the prevailing dynamics. His insights shed light on the challenges faced over the past three years and the resulting growth in confidence among P&I clubs at renewal. Read the full article here: https://ow.ly/bAVE50QFAlv #shipping #maritime #renewal

Today marks an exciting milestone in our 25-year history, as we can announce that we are now part of the Pen Underwriting family – a multi-class, multi-territory MGA serving the broker community. While we provide Pen with its first on-the-ground presence in Ireland and complementary specialisms in the transportation and haulage sector, it brings us huge opportunity to further expand our nationwide product offerings. Acknowledging the “exceptional team” which has enabled us to grow into an MGA of such scale, quality and national reach, David Crean said: “It seems fitting that as we turn 25 years old, a new chapter in our growth story begins and with a partner we share common values and principles with. Just as we do, Pen knows the importance of having a broker-centric approach to service, with underwriters keen to trade, access to decision-makers and first-class claims solution. We are delighted to become part of Pen to build an even better business together.” Read the full story here: https://lnkd.in/eP6kbPZ4 #HaulageInsurance #RiskManagement #PowerofPen #StrategicGrowth #UnderwritingExpertise 

Great to hear how Intarga has improved day-to-day operations for our clients, enhancing efficiency in their processes. As someone who works on developing new features for it, I know firsthand how good a product it is. Who’s ready to level up with our products? #InsuranceInnovation #UnderwritingExcellence

Well, we did it again! Thanks so much to all who have contributed to this! I am blessed to be part of the team! 2021, 2023 and now, 2024! #CPA #CFO #riskmanagement #insurance #business #finance #financialmanagement #advisor #financialadvisor #interimCFO #insuranceagent #broker #businessowner #consulting #consultant

A great read Catrin Shi! The top-performing Lloyd's Syndicates of the last decade. You can read the full article here: https://lnkd.in/e2c7U_Mh As summarised by John Neal, CEO of Lloyd's, in the full-year financial results for 2023,"the marketplace was demonstrating sustainable performance, supported by the execution of key strategic priorities”. Great to see a 3rd consecutive year of double-digit premium growth, a good sign for the industry! So what are the other key performance drivers that contribute to a profitable Lloyd's marketplace? 💭 What's in store for 2024.....??

🚗💼 NBRA / VBRA & Accident Credit Group (ACG) Ltd want to Hear Your Thoughts and Experiences on Invoice Factoring! 💬📊 The National Body Repair Association (NBRA) is teaming up with Accident Credit Group (ACG) to gather valuable insights from members about invoice factoring—a key topic for our industry. 💡 Your feedback matters! We want to understand your experiences and opinions to shape better resources and support for NBRA members. 📝 Take the short survey here: https://lnkd.in/eiv_5xJk 📅 Don’t wait! The survey is quick and easy, and your input will help drive meaningful change. #NBRA #InvoiceFactoring #ACG #BodyRepairIndustry #Survey