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Insurance
Lloyd’s specialist insurer Neon has hired Theo Butt for the newly created role of group underwriting director. 23 May 2018
Insurance
Activist investor Carl Icahn filed a lawsuit against AmTrust Financial Services and the family that controls the company, accusing them of trying to take the insurer private at the wrong time and at the wrong price, according to a Reuters May 21 report. 22 May 2018
Insurance
Bermuda-based Ascot Group, through its subsidiary Ascot US Holding Corporation, has acquired Greyhawk Insurance Company and its subsidiary Greyhawk Specialty Insurance Company. 22 May 2018
Insurance
Ross Webber, the chief executive officer of Bermuda Business Development Agency (BDA), has stepped down from his position. 22 May 2018
Insurance
AEGIS London, the UK-based subsidiary of AEGIS, has appointed Jonathan Humm as its new class underwriter for marine hull. He joins from Hiscox where he was deputy hull underwriter. 22 May 2018
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has appointed Richard Carver as managing director and senior broker in the firm’s UK non-marine division. 22 May 2018
Insurance
US-based specialty insurance programme administrator NSM Insurance Group, a subsidiary of White Mountains, has acquired West Midlands-based insurance broker Fresh. 22 May 2018
Insurance
Dallas-based startup digital life insurance distribution company Bestow has secured $15 million in a Series A funding round led by Valar Ventures, bringing its total financing to more than $18 million. 22 May 2018
Insurance
Re/insurance broker Aon has appointed John English as CEO for its Aon Captive & Insurance Management business. 18 May 2018
Alternative Risk Transfer
Three experienced ILS executives including one of the founders of Hiscox-owned Kiskadee Investment Managers and a former managing director of RenRe-owned DaVinci Reinsurance have formed a new hedge fund-backed ILS venture, according to a May 16 Reuters report. 17 May 2018
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