Articles

Insurance

ICA expects Townsville flood claims to exceed $45 million

Current insurance losses for the Townsville floods in Australia are valued at $45 million, from 3,500 claims, however, the Insurance Council of Australia (ICA) expects these figures to rise as people begin to return home to assess the damage.   5 February 2019

Insurance

Willis Re bolsters Australia leadership to drive next phase of growth

Willis Re, the reinsurance division of broker Willis Towers Watson, has unveiled a number of leadership changes in its Australian team, a move it hopes will drive its next phase of growth.   4 February 2019

Insurance

Arthur J Gallagher celebrates strong 2018 results driven by acquisitions

Boost by some 48 acquisitions, Arthur J. Gallagher & Co enjoyed strong growth in 2018 with revenues and earnings in both its brokerage and risk management units well up on the year before.   1 February 2019

Insurance

BGC completes Ed acquisition; looks to grow insurance brokerage business

Brokerage and financial technology company BGC Partners has completed the acquisition of London-based reinsurance, wholesale and specialty broker Ed, three-months after the deal was first announced.   1 February 2019

Insurance

Zurich names new head of operations in Canada

Zurich Insurance Group has appointed Mathias Sommer as new head of operations for Zurich Canada.   1 February 2019

Insurance

Conifer partners with AI insurtech startup Betterview

California-based artificial intelligence (AI) startup Betterview, a software platform and service provider for capturing and analysing data from drones, has partnered with Michigan-based property and casualty holding company Conifer.   1 February 2019

Insurance

Hyperion appoints chief data officer for new insurtech unit

Hyperion Insurance Group has appointed Miguel Baptista as chief data officer of its newly launched data and technology arm Hyperion X.   1 February 2019

Insurance

Castel bolsters specialty portfolio with marine broker Seacurus

Castel Specialty, a division of club-style MGA formation platform Castel Underwriting Agencies, has added specialist marine coverages to its portfolio with the addition of Seacurus.   1 February 2019

Insurance

Broker Howden expands Thai business via merger with Maxi

Howden, the retail broking arm of Hyperion Insurance Group, has merged its Thailand-based subsidiary with motor insurance broker Maxi.   1 February 2019

Insurance

THB completes leadership transition in European division

Specialist re/insurance broker THB has completed the leadership transition in its European division based in Amsterdam following the retirement of managing director Joaquim Caria.   31 January 2019

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