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SSL Endeavour appoints group non exec chair Palmer-Brown and CFO Crossland as it finalises ‘significant’ aviation M&A
Insurance
SSL Endeavour appoints group non exec chair Palmer-Brown and CFO Crossland as it finalises ‘significant’ aviation M&A
Specialist independent Lloyd’s broker SSL Endeavour has unveiled two “important” senior executive hires for the group on the same day it confirmed it was finalising the acquisition of Worldlink Holdings, a North American aviation brokerage and MGA.   21 August 2019
Brady replaces Fantozzi as sponsor for LM TOM delegated authority work
Insurance
Brady replaces Fantozzi as sponsor for LM TOM delegated authority work
The London Market Target Operating Model (LM TOM) has confirmed Paul Brady, head of policyholder and third party oversight at Lloyd's, as the new sponsor for its delegated authority workstream.   20 August 2019
MGA Avid sells majority stake to Beech Tree Private Equity to ‘fuel organic growth’
Insurance
MGA Avid sells majority stake to Beech Tree Private Equity to ‘fuel organic growth’
Specialist MGA Avid Insurance Services has sold a majority stake in the company to Beech Tree Private Equity (BTPE).   20 August 2019
Insurance
Insured catastrophe losses at $19bn in H1 2019; Swiss Re highlights protection gap in emerging countries
Insured losses from global catastrophe events were estimated at $19 billion in the first half of 2019, mainly driven by secondary perils such as thunderstorms and flooding events, according to the new Swiss Re sigma report.   15 August 2019
Insurance
Australian reinsurance and binder broker Wickshire gains Lloyd's approval
Sydney-based independent reinsurance and binder placement broker Wickshire has been approved as a Lloyd’s of London broker.   15 August 2019
Insurance
Former Tokio Millennium Re CEO Hoshina joins risk trading insurtech AkinovA's board
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has appointed founder and former CEO of Tokio Millennium Re Tatsuhiko Hoshina to join its advisory board.   15 August 2019
Insurance
Sedgwick creates new role to focus on Africa and Middle East expansion
Technology-driven risk solutions provider Sedgwick has hired Patrick Peters in a newly-created role to drive expansion across the Africa and the Middle East region.   15 August 2019
Insurance
Liberty hires ex-AIG James Goodliffe to strengthen trade credit multi-buyer product line
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has appointed James Goodliffe to the role of senior underwriting officer within its financial risk solutions (FRS) multi-buyer trade credit practice.   14 August 2019
article
Lloyd's broker Tysers expands into Bermuda with Richard Tomkins at helm; move part of strategic growth plan
UK-based Lloyd's broker Tysers, part of Integro Insurance Brokers, has launched a hub in Bermuda under the leadership of Richard Tomkins, in a move aimed at expanding its global footprint and capitalising on the attractive market opportunities available on the island.   14 August 2019
Insurance
Berkshire's BHSI adds automatic reinstatement to Asia D&O amid "targeted and aggressive" regulatory environment
Berkshire Hathaway Specialty Insurance (BHSI), a wholly owned subsidiary of Warren Buffett’s Berkshire Hathaway, has added automatic reinstatement provision to its executive first directors & officers (D&O) liability insurance offering in Asia.   14 August 2019

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