Articles

Insurance

Lloyd’s has opportunity to lead insurtech ‘arms race’

The global reach of Lloyd’s combined with the nimble nature of its carriers means the market has the potential to lead from the front when it comes to gaining advantage from new technologies, a new report has suggested.   21 September 2018

Insurance

RSA hires Zurich's Sweeney as CUO of UK/international

RSA Insurance Group has hired the former CUO for Zurich’s commercial business for its UK and international business.   21 September 2018

Insurance

Cyber risk is now second biggest worry of firms – yet majority also unprepared

Cyber risk is now the second biggest concern across all business sizes and industries, and the percentage of businesses reporting they have been the victim of a cyber attack has doubled, according to the latest results of the 2018 Travelers Risk Index complied by The Travelers Companies.   21 September 2018

Insurance

AXIS Re swoops for MS Amlin underwriter for property reinsurance at Lloyd’s

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has appointed MS Amlin's William Bennett as senior underwriter, property reinsurance at Lloyd’s.   21 September 2018

Insurance

Florence will likely trigger NFIP reinsurers – again

Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings.   21 September 2018

Insurance

SCOR partners with SME insurtech startup Hokodo

Insurtech start-up Hokodo has partnered with SCOR Global P&C’s Channel Syndicate to provide an invoice protection product to small and medium sized businesses using its innovative distribution technology.   21 September 2018

Insurance

Fidelis adds energy market capacity with new MGA Kersey

Bermuda-based Fidelis Insurance has acquired an equity stake in a new managing general agent (MGA) Kersey Specialty that will focus on upstream energy subscription market insurance.   21 September 2018

Insurance

Pioneer expands political violence team with Advent hire

Pioneer Underwriters has bolstered its political violence team with the appointment of a new underwriter from Advent Underwriting.   21 September 2018

Insurance

Lemonade CEO suggests insurer has ‘turned a corner’ in underwriting

Lemonade CEO and co-founder Daniel Schreiber believes that the insurer has “turned a corner” as the loss ratio is improving.   20 September 2018

Insurance

Beach poaches Marsh SVP for new London wholesale practice

Re/insurance broking and advisory firm Beach & Associates has hired Marsh's Jonathan Tritton as senior vice president of its newly formed London wholesale practice.   20 September 2018

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