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Some six million customers are overpaying for their insurance, according to the UK’s watchdog, the Financial Conduct Authority (FCA), which has proposed tough new measures to address the issue. 4 October 2019
Insurance
The US subsidiary of industrial lines insurer HDI Global SE has made three key appointments within its engineering lines and construction casualty practices. 4 October 2019
Insurance
Major US broker Heffernan Insurance Brokers has acquired the assets of the Newport-based Mahan Insurance Brokers, with the deal effective from October 1, 2019. 4 October 2019
Insurance
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has launched a new financial sponsors group (FSG) to bring together seven of its specialties. 4 October 2019
Insurance
Canopius Group, a global specialty lines re/insurer, has completed the merger of AmTrust at Lloyd’s, a move which will significantly boost its scale. 4 October 2019
Insurance
Everest Insurance Ireland, DAC (EIID), the Dublin-based subsidiary of Everest Re Group, has announced that its newly-launched branch office in the UK is now fully operational. 4 October 2019
Insurance
Specialty re/insurer Convex Group has been authorised to write excess and surplus (E&S) lines across the US. 4 October 2019
Insurance
Broker Willis Towers Watson has appointed Nancy Woode as head of property broking in North America. 4 October 2019
Insurance
Digital risk placement Whitespace is donating its digital contract data structures to ACORD, the Association for Cooperative Operations Research and Development, the standards-setting body for the global insurance industry. 3 October 2019
Insurance
Almost half (49 percent) of all UK councils have faced a cyber attack since the beginning of 2017, with cyber criminals hitting these organisations with 263 million attacks in the first half of 2019 alone, research has revealed. 3 October 2019
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