Articles

Insurance

Neal faces wide range of problems at Lloyd’s

Lloyd’s is in danger of falling behind the rest of the re/insurance industry if its new chief executive officer John Neal does not get a firm grip relatively quickly, according to Gavin Coull, partner and head of reinsurance at legal firm BLM.   17 September 2018

Insurance

Insurtech Brolly files first own claim with Hiscox after burglary

Insurance startup Brolly, which offers an AI-driven insurance app, is claiming on its own business insurance for the first time after its office was burgled.   14 September 2018

Insurance

Fidelis replaces chief underwriting office in restructuring move

Bermuda-based Fidelis Insurance is replacing its chief underwriting officer and Bermuda CEO Ben Savill who will “leave to pursue other opportunities”.   14 September 2018

Insurance

Validus Specialty expands into crisis management with Liberty hire

Validus Specialty has expanded its product suite with the launch of crisis management insurance solutions in the US, and appointed Jane McCarthy to lead the development of the new portfolio.   14 September 2018

Insurance

Chaucer snapped up by China Re after ‘strategic review’ by Hanover

China Re, China’s biggest reinsurer, will acquire speciality insurer Chaucer from its parent The Hanover Insurance Group for $950 million in a deal that gives the buyer a solid foothold in both the speciality markets and in Lloyd’s.   13 September 2018

Insurance

Travelers taps new chief information officer from Liberty Mutual

Property/casualty insurer Travelers Companies has appointed Mojgan Lefebvre as executive vice president and chief information officer. She succeeds Madelyn Lankton, who will retire this month after 36 years with Travelers.   12 September 2018

Insurance

Liberty Mutual launches new global unit to serve M&A market

Liberty Mutual has launched a new global transaction solutions (GTS) unit to serve the growing market for mergers & acquisitions (M&A) insurance solutions.   12 September 2018

Insurance

Zurich North America names new chief underwriting officer

Zurich Insurance has appointed Brandon Fick as new chief underwriting officer for Zurich North America.   12 September 2018

Insurance

Everest bolsters cyber practice with Zurich, Arch and Liberty hires

Everest Insurance has expanded its Everest Specialty Underwriters (ESU) financial lines group with the addition of three new cyber liability team members.   12 September 2018

Insurance

Argo unit Colony Specialty appoints new casualty leader

Bermuda-based excess and surplus (E&S) lines carrier Colony Specialty, a member of Argo Group International Holdings, has appointed Jeff Canfield to serve as head of casualty.   12 September 2018

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