Underwritten Weekly
The risk behind the headline: A blog about the genuinely existing world of global insurance
Category: Uncategorized
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This week, we welcomed three new starters to the team. Each one joined a Teams call with me. Each one noticed the photograph of the Room on my living room wall. Each one asked what it was. Each one received an answer that was considerably longer than the question deserved. By the end of the…
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Last week, I got my Lloyd’s pass back. Twelve years. Twelve years of standing at the front desk while someone with a phone, called someone with a lanyard, who called someone with a pass, who eventually appeared looking faintly irritated that a person who was here only last week wanted to enter the building. Again.…
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Every week; I write my team a (hopefully) motivational email. Some people suggested I turn it into a blog. Here is this week’s (company and product name removed due to a tiresome online stalker) As you read this, the MV Hondius is sitting off the coast of Tenerife. You’ve probably seen it on the news.…
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Every weekend, I write my team an email, trying to explain how our work relates to the wider insurance market. Here is this weeks: Subject: Sunday Nonsense: Read your emails Some weeks, this email writes itself. A study by PYMNTS says that the average underwriter only gets to 40% of the submissions that land on…
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Every Sunday, I write my team a (hopefully) motivational email. Here’s this weeks: Subject: Mind your own business If Cuthbert Heath had just minded his own damn business like everyone else, <Product Name> would have just one class to onboard and I’d have my Sundays back. But no. He had to bloody well go and…
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Right now, as you read this, there are roughly 400 commercial aircraft flying passengers around Russia that, legally speaking, no longer exist. They take off from Sheremetyevo. They land at Pulkovo. Families board them for holidays to Sochi. Business travellers sleep through the Novosibirsk redeye. The planes are real. The seats are real. The turbulence…
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How the US government tried to replace the insurance market, but ended up proving why it can’t A few weeks ago, the United States government tried to do the insurance industry’s job. When the Strait of Hormuz effectively shut down after the US-Israel conflict with Iran began in late February, and war risk insurers issued…
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A World Without Our Market: An Awful Dream In which we remove one building from Lime Street and watch civilisation slowly unravel. It’s Monday morning. You wake up. You make your coffee. Everything feels normal. Except overnight, something has changed. Lloyd’s of London – your market, our market, the building, the concept, the whole bloody…
Underwritten Weekly 