News

Insurance

McLarens beefs up UK & Ireland leadership in growth push; seeks to fill key vacancies

McLarens, a global loss adjuster specialising in complex, commercial and niche markets, has reorganised its UK & Ireland senior management structure to position the business for future growth. The move has created new regional manager vacancies that the company is looking to fill in the coming months.   14 May 2019

Alternative Risk Transfer

Allianz boosts AGCS alternative risk transfer leadership in growth move

Allianz Global Corporate & Specialty (AGCS) has made key leadership changes targeting expansion in the alternative risk transfer (ART) space. The move follows the division of ART line of business into two specialist teams.   9 May 2019

Insurance

Asian GoBear secures $80m to develop digital financial platform

Asian financial supermarket GoBear, has confirmed $80 million funding to grow its mobile financial products and invest in technology innovators across the region.   8 May 2019

Insurance

Samsung acquires 'strategic stake' in Lloyd's insurer Canopius

Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company.   3 May 2019

Insurance

Talanx acquires P&C insurer from Munich Re ERGO to expand in Turkey

German re/insurer Talanx, the parent company of Hannover Re and HDI, has acquired property/casualty insurer ERGO Sigorta AS from a Munich Re subsidiary to further expand its activities in Turkey.   3 May 2019

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019

Insurance

US insurtech Indio secures $20m funding for business insurance platform

Indio Technologies, an insurtech company that streamlines the business insurance application process, has secured $20 million in Series B funding led by Menlo Ventures, with participation from 8VC.   3 May 2019

Insurance

McLarens picks Cunningham Lindsey's Pigot as global head of specialty, London markets director

Global loss adjuster McLarens has hired David Pigot for the newly created role of director of London markets & global head of specialty.   3 May 2019

Insurance

Markel taps AIG's Guenter Kryszon for global property role

Specialist insurer Markel Corporation has appointed AIG's Guenter Kryszon to the position of executive underwriting officer for global property.   3 May 2019

Insurance

Insurance Council of Australia adds Zurich, Allianz execs to board

The Insurance Council of Australia (ICA) has strengthened its board with the appointment of two new directors.   3 May 2019

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