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Hiscox appoints Andrew Hughes to lead ILS business
Alternative Risk Transfer
Specialist insurer Hiscox has promoted Andrew Hughes to the role of managing principal for its insurance-linked securities (ILS).   23 July 2019
HDI Global Specialty acquires Swedish MGA Svedea in expansion strategy
Insurance
HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has acquired alternative specialty lines managing general agent (MGA) Svedea to strengthen its position in Sweden.   23 July 2019
Price Forbes swoops for JLT team to launch new professional liability unit
Insurance
Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has launched a new professional liability division following the hire of an experienced team that previously worked at wholesale insurance broker Lloyd & Partners, which was merged with JLT Specialty in 2015.   23 July 2019
Insurance
A partnership between finance automation software provider Phinsys and consultants PwC has developed technology to enable finance transformation and streamlined IFRS 17 projects.   23 July 2019
Insurance
Liberty Specialty Markets (LSM) has appointed Jon Rigby to the newly created role of chief cyber officer, based in London.   23 July 2019
Insurance
Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has opened its UK office led by Martyn Griffiths.   23 July 2019
Insurance
Specialist managing general agent (MGA) and Lloyd’s coverholder Ensurance has extended its terrorism and sabotage insurance to the US and Australian markets ahead of schedule.   23 July 2019
Insurance
Aon has appointed Vincent Barrett as regional managing director EMEA for its captive & insurance management business, based in Dublin.   23 July 2019
Insurance
Broking firm Global Risk Partners (GRP) has acquired Lancashire-based insurance intermediary 3XD, which provides specialist insurance through a range of distribution channels including independent financial advisers.   23 July 2019
Insurance
Independent insurance investment manager Twelve Capital said it has raised close to $400 million in 18 months for its UCITS cat bond offering.   22 July 2019

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