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Insurance
New York-based insurtech startup CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, has launched the first application programme interface (API) for commercial insurance. 27 June 2018
Insurance
The proportion of financial services firms citing cyber-attack as a key risk has increased for the third consecutive time in the Bank of England’s Systemic Risk Survey. 27 June 2018
Insurance
American International Group (AIG) has appointed Adam Winslow as chief executive officer (CEO) international of its AIG Life & Retirement division. 27 June 2018
Insurance
Bermuda-based Sirius International Insurance Group plans to merge with special purpose acquisition firm Easterly Acquisition in a deal which will result in Sirius becoming a publicly listed company. 25 June 2018
Insurance
Insurance web aggregator PolicyBazaar raised more than $200 million in a new investment round led by the SoftBank Vision Fund. 25 June 2018
Insurance
American International Group (AIG) has appointed Jamie Miller as North America property chief underwriting officer, general insurance. He joins AIG from Swiss Re. 25 June 2018
Insurance
Marsh is acquiring Houston-based Wortham Insurance, an independent insurance brokerage firm in the US. The transaction is expected to close in the third quarter of 2018. 25 June 2018
Insurance
Managing agencies slightly favour the use of the Lloyd's Brussels subsidiary (57 percent) over the creation of their own EU subsidiary (43 percent), according to a survey with Lloyd’s market chief operating officers (COOs) commissioned by the Lloyd’s Market Association (LMA). 25 June 2018
Insurance
Bermuda-based Everest Re Group has launched a new transportation and logistics business segment within Everest Insurance, led by Jeff Engelbrecht. 25 June 2018
Insurance
A wave of floods and storms that hit France during the spring is estimated to have the country’s insurers some €430 million, Reuters reported on June 25 citing the FFA French insurance federation. 25 June 2018
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