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Insurance
Convex to write excess and surplus lines in US
Specialty re/insurer Convex Group has been authorised to write excess and surplus (E&S) lines across the US.   4 October 2019
Insurance
Pro Global Holdings rebrands Vibe MGA Management as part of expansion strategy
Pro Global Holdings has confirmed the immediate rebranding of its Vibe MGA Management to Pro MGA Solutions Ltd in the UK, after receiving regulatory approval.   3 October 2019
Insurance
Research shows careless approach to quality of D&O insurance by many private equity firms: Mactavish
Many private equity firms are “not placing enough focus on the quality of insurance cover” in place at portfolio companies, according to research from Mactavish, the expert on commercial insurance placement and disputes.   3 October 2019
Insurance
AXA XL launches on-demand cover for UK Uber drivers
AXA XL has launched on-demand cover to help Uber drivers in the UK minimise loss of earnings after an accident.   3 October 2019
Insurance
Ed Risk Solutions bags director from Price Forbes Risk Solutions Richard Laird
Richard Laird has joined Ed Risk Solutions as a divisional director in its Risk Solutions division, moving from Price Forbes Risk Solutions.   3 October 2019
Insurance
Tokio Marine Holdings to buy US HNW insurer Pure Group for $3.1bn
Tokio Marine Holdings has agreed to buy 100 percent of the outstanding shares of US firm Privilege Underwriters and its subsidiaries, known as the Pure Group, for $3.1 billion (approximately ¥ 325.5 billion).   3 October 2019
Insurance
Insurance sector sees strong business performance: CBI/PwC
The insurance sector is financially strong, and the number of people working in it is rising, according to the third-quarter financial services survey undertaken by the Confederation of British Industry and PwC.   3 October 2019
Insurance
Autonomous vehicles potentially worth ‘trillions’, with driverless cars in use in five or six years: AXA XL’s Copland
Driverless cars, or autonomous vehicles (AV), could be more widely in use in a matter of five or six years time, with the potential market worth for this technology in the trillions of pounds, Intelligent Insurer has learned.   2 October 2019
Insurance
Charles Berry takes up office as president of the Insurance Institute of London
Charles Berry has taken up the position of president of the Insurance Institute of London for 2019-20.   2 October 2019
Insurance
Hurricane Lorenzo hits mid-Atlantic Azores Islands and prompts warnings in Ireland
Hurricane Lorenzo is hitting the mid-Atlantic Azores Islands with heavy rain, powerful winds and high waves, according to media reports, which say the remnants of the storm will hit the UK and Ireland tomorrow (Thursday).   2 October 2019

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