News

Insurance

94% of brokers now e-trading; Aviva leading market: FWD Research

UK brokers are increasingly modernising their trading practices to embrace e-trading, with 94 percent currently placing business electronically, according to FWD Research, a research consultancy, which has competed a report on the use of e-trading by brokers.   2 July 2019

Insurance

BLM partners with LSE to create innovative new AI insurance tool

Insurance risk and commercial law firm BLM has launched BLM Innovations, a suite of seven online analytics, case management and communications tools, which use artificial intelligence (AI) to predict the outcome a claim.   2 July 2019

Insurance

Eos Venture Partners completes Series A in Player’s Health

Player’s Health, a risk management firm specialising in sports, fitness, and wellness, has secured a Series A financing round from Eos Venture Partners, a specialist insurance venture capital investor, and Will Ventures, an investor focused on sports technology.   2 July 2019

Insurance

Chubb to stop insuring, investing in coal amid climate concerns

Property/casualty insurer Chubb is the latest major insurer to stop underwriting and investing in coal-related policies amid rising climate concerns.   2 July 2019

Insurance

Aon teams up with Oxfam, insurtech Etherisc on blockchain-based agricultural insurance

Re/insurance broker Aon has partnered with non-profit organisation Oxfam and insurtech start-up Etherisc to launch a blockchain-based agricultural insurance platform for smallholder farmers in Sri Lanka.   1 July 2019

Insurance

MGA capacity set to grow but carriers split on direction of travel, finds Clyde & Co survey

Fourth fifths (80 percent) of carriers expect to increase MGA capacity in 2019, according to a survey of more than 100 insurers and MGAs conducted by global law firm Clyde & Co.   1 July 2019

Insurance

Lloyd's shuffles EMEA leadership in growth push

Specialist re/insurance market Lloyd's has made several new appointments to grow its presence across the Europe, the Middle East and Africa (EMEA) region.   1 July 2019

Insurance

BGC swoops on Willis global head of broking to lead new aerospace intermediary

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has hired Willis' Philip Smaje as chief executive officer (CEO) of its new global aviation and aerospace re/insurance intermediary.   1 July 2019

Insurance

B3i runs hackathon stress test with brokers, insurers and reinsurers

Blockchain insurance initiative B3i successfully stress tested its Property Catastrophe Excess of Loss Reinsurance application recently with a hackathon in Zurich, Switzerland.   1 July 2019

Insurance

MS Amlin hires HDI's Perottino as country manager for France

Specialty re/insurer MS Amlin has appointed Véronique Perottino as country manager for France from HDI   1 July 2019

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