Articles

Insurance

Arc Legal boosts commercial team with new hires

Arc Legal Assistance, a provider of legal expenses insurance in the UK and Ireland, has expanded its commercial team in response to business growth   17 July 2019

Insurance

Victor appoints John Stephenson to UK country manager role

Victor Insurance Holdings, a managing general underwriter (MGU) formerly known as the Schinnerer Group, has appointed John Stephenson as UK country manager, and Fred Willemze as strategic partnerships director.   17 July 2019

Insurance

Apollo hires Fidelis' Nick Burkinshaw as chief underwriting officer to drive profitable growth

Apollo Syndicate Management, an independent specialist re/insurer at Lloyd’s, has appointed Nick Burkinshaw to the newly-created board level position of chief underwriting officer (CUO).   16 July 2019

Insurance

Moody’s: insurers ‘will face a one-off hit to earnings’ after UK Ogden rate review

Moody’s Investors Service has warned that the Ogden discount rate of minus 0.25 percent, revealed today by the UK’s Lord Chancellor, will mean a “one-off hit to earnings” for reinsurers that have been working to expectations of a new rate between zero and 1 percent.   15 July 2019

Insurance

Convex partners with insurtech Cytora for AI-powered commercial underwriting solution

Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has partnered with UK-based insurtech Cytora to develop artificial intelligence-powered solutions for the commercial insurance industry.   15 July 2019

Insurance

Brokerslink reveals network expansion in Middle East and Africa

Brokerslink, a global network of independent brokers, has added three new affiliates to further expand its presence in the Middle East and Africa region.   15 July 2019

Insurance

AIG hires Accenture expert to develop a robust cyber security strategy

American International Group (AIG) has appointed Tom Parker as deputy chief information security officer, responsible for developing and leading the execution of AIG’s global cybersecurity risk management strategies.   15 July 2019

Insurance

Everest appoints global head of fine art and specie from Charles Taylor

Bermuda-based Everest Re Group, has appointed Joshila Tailor as the global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786.   15 July 2019

Insurance

AXA UK&I chief risk officer Evan Waks departs, is replaced by Direct Line director David Baker

Re/insurer AXA UK & Ireland has appointed David Baker as new chief risk officer, replacing Evan Waks who is leaving to pursue opportunities outside the company.   10 July 2019

Insurance

Cryptocurrencies to help boost UK’s financial services sector in post-Brexit era: deVere CEO

Cryptocurrencies such as bitcoin could play a significant role in reshaping and strengthening the UK’s financial services sector post-Brexit, according to the CEO and founder of deVere Nigel Green.   10 July 2019

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