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Broking firm Global Risk Partners (GRP) has appointed Mike Bruce to the newly created role of group managing director. 17 December 2018
Insurance
The board of governors of Florida-based Citizens Property Insurance Corporation has approved a statewide 2019 rate increase of an average of 8.2 percent for personal lines policyholders – homeowners, condominium owners and renters. 14 December 2018
Insurance
S&P Global Ratings has rewarded strategic changes made by AXIS Capital, which include reducing its exposure to legacy liabilities generated by the Novae Group, by revising its outlook on the company’s ratings to stable from negative. 13 December 2018
Insurance
US-based artificial intelligence (AI) startup Zesty.ai has secured a $13 million investment in its Series A financing round, led by Luxembourg-based private investment fund Blamar. 10 December 2018
Insurance
Commercial insurance prices in the US increased by over 2 percent year on year in the third quarter of 2018, according to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey. 10 December 2018
Insurance
Reinsurance, wholesale and specialty broker Ed is setting up a new broking platform in Bermuda which it describes as an "important (re)insurance hub" to further expand its international footprint. 10 December 2018
Insurance
The group chief financial officer (CFO) of Hyperion Insurance Group, Oliver Corbett, is leaving the company at the end of December. 10 December 2018
Insurance
Everest Re Group has appointed Kevin Pinto as new chief underwriting officer (CUO) of Everest Insurance Company of Canada (EvCan). 10 December 2018
Insurance
Insurtech home insurer Buzzvault, which is backed by White Mountains Insurance Group and reinsurer Munich Re, has opened for business in London. 10 December 2018
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Andrew Draycott as CEO-designate of Ed Broking in London. 10 December 2018
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