Articles

Insurance

HDI Global Specialty acquires Swedish MGA Svedea in expansion strategy

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

Insurance

Price Forbes swoops for JLT team to launch new professional liability unit

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

Phinsys and PWC unite to deliver tech tools to manage rise in regulatory demands; IFRS17

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 appoints Jon Rigby as first chief cyber officer

Liberty Specialty Markets (LSM) has appointed Jon Rigby to the newly created role of chief cyber officer, based in London.   23 July 2019

Insurance

AI-powered insurtech FRISS enters UK to tackle insurance fraud

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

Ensurance launches terrorism and sabotage insurance early in US and Australia

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 promotes Vincent Barrett to regional head of captives EMEA

Aon has appointed Vincent Barrett as regional managing director EMEA for its captive & insurance management business, based in Dublin.   23 July 2019

Insurance

Global Risk Partners acquires specialist Lancashire-based intermediary 3XD

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

UK insurers ‘hugely disappointed’ as Ogden discount rate set at minus 0.25%

UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019.   15 July 2019

Insurance

Ryan Specialty bags group chief compliance officer from Chubb

Chicago-based specialty insurance services business Ryan Specialty Group (RSG) has appointed Michael Blackshear as senior vice president and global chief compliance officer.   10 July 2019

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