Articles

Insurance

M&As up 9% but uncertainty to bring lull, finds report

Mergers and acquisitions grew 9 percent in the global insurance sector in 2018 as insurers looked to increase their access to customers and innovation, and benefit from greater scale, according to a Clyde & Co report out today (Monday 11 February).   11 February 2019

Insurance

Ed poaches Willis exec for professional risks team

Reinsurance, wholesale and specialty broker Ed has appointed Laura Skaanild as client director, professional and executive risk from Willis Towers Watson.   7 February 2019

Insurance

Coverys appoints David Reed as chairman of managing agency

Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330, and 1110, has appointed David Reed as its non-executive chairman.   7 February 2019

Insurance

AXA to offer travel insurance in China via WeChat

French insurance group AXA has unveiled a new programme AXA Go in China to offer travel insurance through Chinese messaging app WeChat.   5 February 2019

Insurance

Heavy losses prompt "strategic review" of ProAssurance Lloyd's syndicate

Specialty insurance company ProAssurance Corporation is expecting to report a net loss of $9 million to $10.5 million from its London market business, prompting a "strategic review" of its Lloyd's syndicates.   5 February 2019

Insurance

Aon partners with insurtech Claim Central in claims innovation strategy

Re/insurance Aon has formed a strategic alliance with insurtech firm Claim Central to digitise and streamline its claim management capabilities, and drive innovation.   5 February 2019

Insurance

Lloyd’s digital PPL ‘volumes and adoption rise significantly’

Efforts by Lloyd’s of London to transform the market from a predominantly paper-based system to a digital one have shown “significant” progress in the final quarter of 2018, figures show.   5 February 2019

Insurance

Chubb launches new media industry practice for the UK and Ireland

Insurer Chubb has launched a new media industry practice for the UK and Ireland in response to "segment growth and feedback from key broker partners".   5 February 2019

Insurance

WR Berkley appoints Arthur Davis as new president of Vela

WR Berkley Corporation has appointed Arthur Davis as new president of Vela Insurance Services, succeeding David Jordan, who has moved to another senior leadership position at a Berkley portfolio company.   5 February 2019

Insurance

Global Risk Partners acquires UK firm with nine broking, MGA businesses

Global Risk Partners (GRP), a specialist investment vehicle for brokers and managing general agents (MGAs), has acquired a UK-based firm with a portfolio of nine leading specialist insurance broking and managing general agency (MGA) businesses.   5 February 2019

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