week commencing 19/01/20:

Networking in Davos, rowing about royalty or cancelling that holiday to Wuhan, China? There’s been lots to distract us this week, but somehow we managed to keep one eye on the insurance news agenda.

Competition to build new e-placing platform

Six companies have been invited to pitch for development of the next generation of PPL, a key element in the Future at Lloyd’s initiative. The candidates are: Ebix, Accenture, Capgemini, CGI, Cognizant and Wipro. External-link. [Insurance Insider]

Aviation market ‘most challenging’

Capacity in the aviation market remains under pressure even though new entrants have taken the edge off the market’s contraction. According to Gallagher Aerospace, it’s the ‘most challenging environment’ for many years. External-link. [Insurance Day]

Lloyd’s calls for Indian trade liberalisation

As Lloyd’s of London expands its presence in India, chairman Bruce Carnegie-Brown has called on the country’s financial regulators to soften their stance on protectionism with the aim of offering clients a better – and cheaper – service. External-link. [The Insurer]

Nat cat costs

Natural catastrophes in 2019 cost the global economy an estimated $232bn, according to Aon. In a new report, the broker reckoned that the insurance industry has paid $72bn towards this loss. External-link. [Artemis]

Montague to leave Aviva

Aviva chairman Adrian Montague is to stand down from his role later this year. In the past 18 months the group has replaced its two most senior executives and announced a £300m annual cost-cutting strategy. External-link. [Telegraph]

California wildfire yet to burn the state’s insurers

California has seen some of its worst wildfires in recent years but according to ratings agency S&P, the state is yet to experience a decline in the number of risk carriers based there. But another bad year could change all that. External-link. [The Insurer]

Beazley and Renaissance Re team up

Beazley and Renaissance Re have teamed up to offer cyber insurance. Renaissance Re will be supplying structured capital to Beazley, thus providing it with capacity for catastrophe cover for major cyber events. External-link. [BestWeek]

Whiplash away, whiplash away!

Following government reforms to claims for soft tissue injuries, the Motor Insurers Bureau has begun the process of registering legal businesses wishing to use the new online portal for whiplash claims. External-link. [Insurance POST]

BIBA calls for greater access

BIBA, the broker trade body, has launched its 2020 manifesto, Access, in the House of Commons. The document calls for more open access to suppliers, markets, fairness, information and legislation. External-link. [BIBA press release]

Moore named new LMG chair

Matthew Moore, Liberty Specialty Markets’ president and managing director, has been named by cross-market  body London Market Group as its new chairman. He succeeds Beazley’s Andrew Horton. Moore assumes the role on 1 May. External-link. [Insurance Day]

Cyber security in 2050

The Financial Times had published a special report examining the challenges of maintaining cyber security in 2050 when the world has fully digitised. Don’t have nightmares. External-link. [Financial Times]

No bleating about the bush

Following one passenger’s decision to bring her miniature pony onto a commercial flight, the US Department of Transport has issued new rules on emotional support animals. Cutting to the punchline, unless it’s a dog, you’re flying solo. External-link. [Guardian]

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