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MGAs: the new breed of insurtech firms
Technology
Managing general agents are partnering with insurtech firms—a trend that could transform the sector and the very nature of MGAs, Peter Staddon, managing director of the Managing General Agents’ Association, tells Intelligent Insurer.   4 May 2018
Insurance
Validus Holdings unit Talbot Underwriting has hired from Zurich Insurance and Ironshore as it expands the global political risk and credit operations.   3 May 2018
Swiss Re expands African operations with new P&C licence
Insurance
Swiss Re has strengthened its African business through its newly approved licence for property & casualty (P&C) business in South Africa.   2 May 2018
Insurance
Hedge fund-backed Greenlight Capital Re reported a loss for the first quarter of 2018 driven by investments.   1 May 2018
Insurance
Universal Insurance Holdings chief risk officer Jon Springer believes that the company will be able to keep its reinsurance costs in 2018 at the same level as 2017 despite record catastrophe losses last year from hurricanes and rate increases in the primary business.   1 May 2018
Alternative Risk Transfer
Business written by Blue Capital Reinsurance Holdings decreased by almost a third in the first quarter of 2018 compared with the same period a year before, despite positive rate increases.   1 May 2018
Insurance
Pioneer Underwriters has appointed Simon Gaffney as group chief operating officer, effective immediately, based in London.   1 May 2018
Insurance
Swiss Re’s unit corporate solutions has appointed Jake Algar as head UK & Ireland, effective May 1, 2018 as the company expand the business.   1 May 2018
Insurance
Standard & Poor’s Global Ratings has raised the assessment of  Sompo Holdings Group’s enterprise risk management (ERM) to “Strong” from “Adequate with strong risk controls”.   1 May 2018
Insurance
Claims handling has changed hugely thanks to advances in technology, a panel at the Intelligent Automation in Insurance: unlocking the artificial intelligence revolution conference, taking place in London today, has found.   26 April 2018

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