Articles
Insurance
Broker Willis Towers Watson has appointed Simon Weaver as new head of Australasia, replacing Andrew Boal who has resigned after 27 years at the company. 10 January 2019
Insurance
US insurers Allstate, State Farm and USAA have launched lawsuits that could be worth billions against Pacific Gas & Electric (PG&E) alleging it is liable for the Camp Fire, California’s most destructive and costly wildfire to date. 7 January 2019
Insurance
Howden, part of Hyperion Insurance Group, has agreed to acquire UK employee benefits health and protection consultancy, Punter Southall Health and Protection Holdings and its trading subsidiaries: Punter Southall Health and Protection, Red Arc Assured and Risk Policy Administration. 7 January 2019
Insurance
The supervisory board of Munich Re has created a new board division and appointed Nicholas Gartside as member of its board of management. 7 January 2019
Insurance
A lack of standard terminology in cyber insurance policies causes confusion for brokers and customers, and is a ultimately stifling market growth, the CEO of cyber insurance comparison engine Cyber|Decider has warned. 7 January 2019
Insurance
The Amynta Group, which comprises a number of warranty, managing general agent (MGA) and specialty risk companies, has acquired ClearView Risk Holdings, a MGA and wholesale brokerage, that controls over $200 million of premium. 7 January 2019
Insurance
Compre, the independent legacy acquirer, has appointed Simon Hawkins as chief financial officer. 7 January 2019
Insurance
Arthur J. Gallagher & Co will acquire specialist UK insurance broker Stackhouse Poland Group in a deal expected to close in the first quarter 2019. 7 January 2019
Insurance
Private equity-backed Kingsbridge Group, a UK-based provider of specialist insurance services to contractors, freelancers and the recruitment and utilities industries, has acquired insurtech company Dinghy. 7 January 2019
News
AmTrust Financial Services has dropped Maiden Re as its quota share partner on its US small commercial business in favour of Swiss Re – though it said it will continue to work with the reinsurer on other business. 3 January 2019
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