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Run-off specialist DARAG consolidates move into North America with acquisition
Insurance
Run-off specialist DARAG has completed the acquisition of SOBC Services, a company focused on the sourcing, acquisition and management of insurance entities and portfolios in run off in the US, Bermuda and Caribbean.   20 November 2018
AXA XL snaps up 100% ownership of New Ocean Capital Management
Alternative Risk Transfer
Bermuda-based AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in New Ocean Capital Management, its majority-owned asset management affiliate.   20 November 2018
Insurance
Broker Willis Towers Watson has appointed Iain Whittingham as a senior director to expand its insurance consulting and technology business.   20 November 2018
Insurance
Former XL Catlin veteran Paul Jardine has joined the advisory board of insurtech startup AkinovA.   15 November 2018
Insurance
B3i, the blockchain insurance industry initiative, is cooperating with RiskBlock Alliance in the development and setting of data standards for the insurance industry.   15 November 2018
Insurance
A trend toward bespoke insurance products driven by available technology and data is one of the reasons why Lloyd’s broker AFL Insurance Brokers decided to acquire US-based Zodiac Insurance Services, AFL CEO Bob Finch, told Intelligent Insurer.   13 November 2018
Insurance
Lloyd’s has approved the 2019 business plan of Arcus 1856 syndicate with an increase in property insurance capacity.   13 November 2018
Insurance
Zurich Insurance UK has partnered with insurtech firm Greater Than to implement Greater Than’s artificial intelligence (AI)-based, digital risk assessment platform on the entire Sixt car fleet in Ireland.   13 November 2018
Insurance
French insurer AXA has upgraded its management liability product to include Brexit cover.   13 November 2018
article
Hannover Re’s long-serving executive board member Jürgen Gräber passed away suddenly and unexpectedly on Nov. 9, 2018, at the age of 62.   12 November 2018

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