Articles

Insurance

AmTrust launches new excess casualty operation led by Everest Re's Jeff Lynn

AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re.   24 September 2019

Insurance

Former JLT Specialty USA chief Rice to lead newly-launched Cobbs Allen unit CAC Specialty

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has hired JLT's Michael Rice II as its chief executive officer (CEO).   24 September 2019

Insurance

Travelers gains approval to transfer European business to Dublin in Brexit move

Property/casualty insurer Travelers Companies, which has operated in Europe for decades in the general insurance market and through Lloyd’s, is moving its European business to Dublin, Ireland in response to Brexit.   23 September 2019

Insurance

Ascent-Cove appoints Ian Beaton and rebrands as Optio

Ascent Underwriting, the cyber and specialty lines managing general agent (MGA), and Cove Programs, the US construction-focused MGA, have appointed Ian Beaton as a non-executive director of the group.   23 September 2019

Insurance

Berkshire Hathaway Specialty Insurance enters Spain, hires leader from RSA

Berkshire Hathaway Specialty Insurance (BHSI) has expanded its global footprint by opening a new office in Madrid, and hired its country manager from RSA Spain.   23 September 2019

Insurance

Turkish insurers held back by underwriting losses and economic volatility: AM Best

Sentiment on the Turkish insurance market has become less optimistic in recent times, as it has generated poor underwriting performance for most market participants.   23 September 2019

Insurance

DARAG hires Zurich's Andrew Hill as group COO

European legacy acquirer DARAG Group has appointed Andrew Hill as its new group chief operating officer (COO), based in London.   23 September 2019

Insurance

Nephila looks to cut Lloyd's cost using Phinsys finance automation technology

In a bid to reduce the cost of doing business at Lloyd’s, Nephila Syndicate Management (NSML) has selected Phinsys' suite of software technologies to streamline its financial processes and automate statutory, regulatory and management reporting.   23 September 2019

Insurance

HDI reshuffles Italian management; managing director Semprini departs after 13 years

Industrial lines insurer HDI Global SE's managing director Francesco Semprini is leaving after almost 13 years by "amicable and mutual agreement" to purse new opportunities outside the company.   23 September 2019

Insurance

Gender balance and mental health high on agenda for global insurance: Dive In event survey

Inclusion is a client-facing issue, say 94 percent of respondents in a survey ahead of this week’s Dive In event.   23 September 2019

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