Articles
Insurance
Strategy and partnerships are vital to the success of insurtechs but many in the sector still struggle to get them right. Experts from Lloyd’s Lab, Guy Carpenter and two senior consultants in the industry came together to discuss the issues and provide insight for Intelligent Insurer’s webinar ‘Navigating the Insurtech Maze’, in association with Appian. 25 June 2019
Insurance
German insurer Allianz has agreed to sell its 60 percent stake in joint venture Allianz Popular SL to Banco Santander for €936.5 million, and terminate its exclusive non-life insurance distribution agreement with the Spanish bank. 24 June 2019
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Robert Hands from CNA to lead its Australian business and further expand its efforts in the Asia Pacific market. 24 June 2019
Insurance
Tensorflight, an artificial intelligence insurtech start-up that uses machine learning and geospatial imagery to help P&C insurers better assess risks and understand portfolio exposures, has closed a $2 million financing round led by insurance industry investors HSCM Bermuda and Nephila. 24 June 2019
Insurance
Broking firm the County Group (County), part of Global Risk Partners (GRP), has acquired a UK insurance broker with more than 70 years of trading in the Stoke on Trent area “bringing significant scale” to County’s North West UK hub. 24 June 2019
Insurance
Everest Insurance, Lloyd’s third-party managing agency Asta, and London-based Medical Protection Society (MPS) have teamed up to establish a Lloyd’s special purpose arrangement (SPA) slated to start from July 1. 24 June 2019
Insurance
Specialty insurer Beazley has appointed Desiree Khoury as a specialty treaty underwriter within its product solutions team, which provides customised turnkey products to insurance company partners. 24 June 2019
Insurance
Lloyd's has outlined 'six bold ideas', including simplifying market access and lowering costs, that it hopes will help transform the 333-year-old marketplace and prepare it to thrive in an increasingly challenging environment. 21 June 2019
Insurance
Specialist insurance and reinsurance market Lloyd's of London has formed global and London advisory committees to support its "bold new strategy" for the future. 20 June 2019
Insurance
Specialty insurance group Tokio Marine has placed its UK insurance business, Tokio Marine Kiln Insurance (TMKI), into run-off as part of its strategy to enhance focus on its Lloyd's entities, and improve overall growth and efficiency by streamlining operations. 20 June 2019
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