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Specialty insurer ProSight Global files for $150m initial public offering
Insurance
US-based specialty property/casualty insurer ProSight Global has launched its initial public offering (IPO) of approximately 8.8 million shares of common stock on the New York Stock Exchange.   17 July 2019
Broker Risk Strategies buys trucking and transportation specialist Winter Group
Insurance
US insurance brokerage and risk management firm Risk Strategies has acquired California-based Winter Group, a specialty insurance programme manager with a focus on the trucking industry.   17 July 2019
Allianz chief Jon Dye to replace Amanda Blanc as new ABI chairman
Insurance
The Association of British Insurers (ABI) has appointed Allianz Insurance chief executive Jon Dye as its new chairman, replacing Amanda Blanc who resigned last week.   12 July 2019
Alternative Risk Transfer
Allianz group's specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has added new global leadership positions in its alternative risk transfer (ART) and liability lines of business to help drive the expansion of its services.   9 July 2019
Insurance
Allianz Group is launched a new strategy to address cyber risks in commercial, corporate, and specialty insurance policies of its property & casualty (P&C) companies, and has established a new center of competence to lead the initiative.   5 July 2019
Insurance
Korean Re’s reinsurance subsidiary in Switzerland, which opened on 1 June 2019, has achieved an ‘A’ rating from S&P Global Ratings.   5 July 2019
Insurance
Insurance and reinsurance marketplace Lloyd’s has mandated that from 1 January 2020 all insurers are required to provide clarity about cyber coverage by either excluding or providing affirmative coverage.   5 July 2019
Insurance
Specialist insurer Markel International has appointed Keith Paul as senior underwriter in its trade credit and political risk team in Dubai.   5 July 2019
Insurance
Allianz Insurance has appointed David Harris as its new regional motor underwriting manager for UK Midlands and the South West region.   5 July 2019
Insurance
Re/insurance broker Miller has hired two senior executives from Willis and Tindall Riley & Co. to bolster its UK professions team and expand its insurance offering to large professional practices.   5 July 2019

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