Articles

Insurance

Lloyd's to tackle 'distressing' sexual harassment claims with possible lifetime bans

Specialist insurance and reinsurance market Lloyd's of London has outlined a new "plan of action" to address reports of sexual harassment in the market and create a safe and inclusive working environment.   27 March 2019

Insurance

Neon unveils new Lloyd's-backed political risks consortium with MS Amlin

Specialist Lloyd's insurer Neon will lead a newly established London political risks insurance consortium, with re/insurer MS Amlin becoming a joint agreement party.   27 March 2019

Insurance

AXA hires Merrill Lynch's chief European economist

French insurer AXA Group has appointed Gilles Moëc as new group chief economist, reporting to AXA Investment Managers CEO Andrea Rossi.   27 March 2019

Insurance

SCOR says CIAM's claims 'unfounded, misleading'; backs CEO Kessler

French reinsurer SCOR has called on its shareholders to reject the draft resolution of its activist investor CIAM that suggested its CEO Denis Kessler be removed from the company's board of directors.   26 March 2019

Insurance

AXA-backed Israeli cyber risk insurtech Sayata Labs attracts $6.5m funding

Insurtech startup Sayata Labs, a provider of risk assessment solution for the cyber insurance industry, has raised $6.5 million in seed funding.   26 March 2019

Insurance

Hamilton Lloyd's CEO O'Donohoe to leave; new executives revealed

Bermuda-based Hamilton Insurance Group's Lloyd's unit CEO Dermot O’Donohoe is leaving the company following its definitive agreement with Liberty Mutual to acquire Pembroke Managing Agency and Ironshore Europe DAC.   26 March 2019

Insurance

Aviva signs five year capacity deal with tech-driven niche insurer Ripe

Insurer Aviva has agreed to a five-year capacity deal with UK-based insurtech Ripe Insurance.   26 March 2019

Insurance

CIAM urges SCOR to end Kessler's combined CEO and chair roles

French investment management firm CIAM, which holds 0.94 percent stake in SCOR, has submitted a draft resolution asking the reinsurer to oust its long-serving chief executive Denis Kessler from the company's board of directors at the next general meeting on April 26.   26 March 2019

Insurance

Lloyd’s managing agent Coverys appoints head of claims from Brit

Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330 and 1110, has appointed Caitlin Crist to the newly created role of head of claims of Coverys Syndicate 1975.   26 March 2019

Insurance

LIIBA elects BMS CEO Nick Cook as new deputy chair

London and International Insurance Brokers’ Association (LIIBA) has elected Nick Cook, CEO of BMS Group, as its new deputy chairman.   26 March 2019

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