Lloyd's Members Underwrite Contract Data Exchange Plan

THIS WEEK'S LEAD STORIES

Lloyd's of London, the U.K. insurance market, will soon see the introduction of a data delivery system to aid members trading in insurance risks. The system will provide underwriters and brokers with access to databases containing risk information, allowing them to act quickly if terms of a contract change.

DP Mann Underwriting Agency, a Lloyd's member, is pushing the plan to begin screen-based distribution of insurance risk data next year. The firm, along with nine other underwriters and brokers

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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