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Insurance
Only 15-20% of insurtech start-ups have promise; the rest will fail: says Starr Insurance Companies Greenberg
The majority of insurtechs startups will fail, Starr Insurance Companies chairman and chief executive officer Maurice R ‘Hank’ Greenberg has said.   15 October 2019
Insurance
Accenture life insurance and annuity platform becomes top scorer in Gartner report
Research organisation Gartner has given the Accenture Life Insurance & Annuity Platform (ALIP) the highest score in its digital user support use case in a new report, Critical Capabilities for Life Insurance Policy Administration Systems, North America.   15 October 2019
Insurance
Shares in BP Marsh rise as insurance investments pay off
Shares in BP Marsh rose 6% after the specialist investor in financial services intermediary businesses, including insurance firms, reported robust results for the first half of the year.   15 October 2019
Insurance
AXA welcomes building safety standards legislation promised in Queen’s speech
The promised laws to implement new building safety standards, as outlined in the Queen’s Speech yesterday, have been welcomed by Douglas Barnett, director of mid-market and customer risk management at AXA Insurance.   15 October 2019
Insurance
AXA makes key changes in AXA IM’s leadership: Gérald Harlin to become executive chairman
Gérald Harlin, AXA’s group deputy CEO and group CFO, will be appointed executive chairman of AXA Investment Managers (AXA IM), effective December 1. He will implement the next phase of AXA IM’s strategy with the aim of accelerating the company’s development. Harlin will continue to report to Thomas Buberl, CEO of AXA, in this role.   15 October 2019
Insurance
Gallagher acquires Florida-based The Doyle Group and its affiliates, known as Direct To PolicyHolder
Gallagher has acquired Ponte Vedra Beach, Florida-based The Doyle Group and its affiliates, collectively doing business as Direct To PolicyHolder (DTPH).   15 October 2019
Insurance
Chubb finds ransomware accounts for 40% of manufacturers’ cyber claims in 2019
Ransomware accounts for 40 percent of manufacturers’ cyber claims in 2019 so far, according to a report by Chubb.   15 October 2019
Insurance
Interest in diverse approaches in terrorism cover grows at IFTRIP
Terrorism cover might reach up to 2-4 percent of investment portfolios as investors look to diversify away from pure natural catastrophe risks.   15 October 2019
Insurance
Nancy Goodwin and Alejandro Benavides take senior roles at Combined Insurance
Combined Insurance, a provider of voluntary supplemental accident, disability, health and life insurance products, and a Chubb company, has made two new senior leadership appointments.   14 October 2019
News
Reinsurer PartnerRe names Nicolas Burnet as successor to retiring executive vice president and CFO Mario Bonaccorso
PartnerRe has revealed that Nicolas Burnet will succeed Mario Bonaccorso as executive vice president and chief financial officer when he retires on March 31, 2020.   11 October 2019

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