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Insurance
Bermuda-based Fidelis Insurance has taken an equity stake in a new managing general agent (MGA) Aware Specialty, and will be providing underwriting capacity. 17 May 2018
Insurance
Intermediary Hyperion Insurance Group has appointed Mark Stephen as a non-executive director and chair of its audit committee. 17 May 2018
Insurance
AI-powered insurtech firm Lemonade Insurance Company is planning to create open source policies with an aim to make them simple, approachable, relevant, and digital, according to CEO and co-founder Daniel Schreiber. 16 May 2018
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has appointed Bob Cowdell as its first independent non-executive director to support its expansion and growth plans. 14 May 2018
Insurance
Broker Aon has appointed Richard Schuyler as chief executive officer of its Aon Carrier Link distribution channel. 10 May 2018
Insurance
Broker Arthur J Gallagher is acquiring UK regional commercial insurance broker Risk Services based in Chester. 9 May 2018
Insurance
American International Group (AIG) had a disappointing start to 2018 as results missed expectations and caused the share price to dive, but CEO Brian Duperreault promised during the May 3 first quarter 2018 results call that the company is on track to address the issues in general insurance and deliver double-digit return on equity (ROE). 9 May 2018
Insurance
Specialist re/insurance broker BMS Group has appointed Andrew Godden as CEO and Dylan Wilkinson as COO of its Australian operation. 8 May 2018
Technology
Managing general agents are partnering with insurtech firms—a trend that could transform the sector and the very nature of MGAs, Peter Staddon, managing director of the Managing General Agents’ Association, tells Intelligent Insurer. 4 May 2018
Insurance
THB UK Risk Solutions, the UK broking operation of the specialist insurance and reinsurance broker THB, has appointed two new motor fleet brokers. 4 May 2018
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