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Strategically, insurers are reducing the capital intensity of the business by focussing on health, protection, unit-linked, asset management and short-tail property/casualty (P&C) lines, according to Morgan Stanley. 13 April 2018
Insurance
Cyber risk assessment and mitigation should be a top priority for insurers in their enterprise risk management (ERM) efforts, according to AM Best. 13 April 2018
Insurance
Alliant Insurance Services, a specialty insurance brokerage firm, has entered into a definitive agreement to acquire New York-based Crystal & Company. 13 April 2018
Insurance
Global insurance broking and risk management firm Marsh has launched Marsh Digital Labs to develop next-generation insurance products and distribution channels. 13 April 2018
Insurance
The UK unit of French insurance giant AXA has partnered with pay-by-mile insurtech startup By Miles, which is launching a product aimed at motorists that drive infrequently – typically under 7,000 miles a year. 13 April 2018
Insurance
US commercial insurer CNA has appointed Mark James as senior vice president (SVP) global reinsurance, responsible for the firm's reinsurance strategies and purchasing around the globe. 12 April 2018
Insurance
Insurtech Socotra has partnered with Berlin-based digital insurance startup Coya to build “advanced and differentiated insurance offerings”. 12 April 2018
Insurance
Eos Venture Partners, a specialist venture capital investor, is launching a new $100 million fund targeting early and growth stage insurtech ventures, which will allow insurers to invest in the insurtech sector indirectly and gain access to potentially transformative technology, Intelligent Insurer can reveal. 11 April 2018
Insurance
Allianz X, the digital investment unit of the Allianz Group, has invested $35 million in Southeast Asian mobile platform GO-JEK to become its sole international insurance shareholder. 11 April 2018
Insurance
Specialist insurer Beazley has appointed Lucien Mounier to head its Asia Pacific operations. He will relocate from Paris to Singapore for the new role. 11 April 2018
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