Articles
Insurance
Re/insurer AXA UK & Ireland has appointed David Baker as new chief risk officer, replacing Evan Waks who is leaving to pursue opportunities outside the company. 10 July 2019
Insurance
Specialty re/insurer Brit has hired Garick Zillgitt from Swiss Re and Justin Magee from Redstone Underwriters to strengthen its casualty portfolio in the US. 10 July 2019
Insurance
Pro Global has launched Cyber Audit Practice in partnership with cyber security firm Cyber Security Associates (CSA) to mitigate the risk for the insurance sector, as news that British Airways faces a huge £183.39 million fine for breaching data protection law was revealed this week. 9 July 2019
Insurance
Cyber security hit the headlines again this week as a UK watchdog said it intends to fine British Airways (BA) £183.39m for breaches of data protection law. 9 July 2019
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired Florida-based Stonehenge Insurance Solutions to strengthen its retail and wholesale brokerage capabilities in the US market. 9 July 2019
Insurance
Flood Re, a joint initiative between the UK government and insurers, has made key proposals that would see it work with insurers to help claimants “build back better” by permitting the payment of claims to include an additional amount for resilient or resistant repair, “above and beyond the original damage”. 8 July 2019
Insurance
Fairfax-owned insurance run-off management company RiverStone has acquired New York-based third-party administrator and loss adjuster Rockville. 8 July 2019
Alternative Risk Transfer
Christchurch City Council is considering insurance-linked securities (ILS) to increase its insurance cover for underground assets such as water and waste pipes. 8 July 2019
Insurance
Allianz Group is launched a new strategy to address cyber risks in commercial, corporate, and specialty insurance policies of its property & casualty (P&C) companies, and has established a new center of competence to lead the initiative. 5 July 2019
Technology
Israel is one of the most technology-driven economies in the world, with innovation at the heart of its business culture, and it is poised to become the global hub for insurtech innovation. Intelligent Insurer investigates. 5 July 2019
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