News
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has strengthened its London-based financial institutions (FI) team with a series of new appointments. 2 October 2018
Insurance
Ascent Underwriting, a London-based cyber and specialty lines MGA, has hired a new head of cyber from Brit Insurance. 2 October 2018
Insurance
Munich Re has appointed Mari Lizette Malherbe as chief executive officer (CEO) for Munich Re London life branch, the reinsurer's UK & Ireland life business. 2 October 2018
Insurance
Tokio Marine Holdings has made a strategic investment in German insurtech firm Simplesurance (SISU) through its wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance. 2 October 2018
Insurance
Bermuda-based specialty property and casualty re/insurer Sompo International has launched a global risk control services function within its insurance business. 2 October 2018
Insurance
The procedure and the methods used by Covéa CEO Thierry Derez and Covéa to take over SCOR as well as their renewed expressions of interest after the bid has been rejected, “can only be considered as hostile and unfriendly, and are significantly disrupting the functioning of the company,” SCOR said in a corporate statement while insisting that Derez should resign from SCOR’s board. 28 September 2018
Insurance
RSA’s UK and London market business made an underwriting loss of around £70 million with a combined ratio of around 110 percent in the third quarter of 2018. 28 September 2018
Insurance
Covr Financial Technologies, a Boise, Idaho-based digital life insurance platform, has raised $10 million in Series A funding from technology venture firms including Allianz Life Ventures. 28 September 2018
Insurance
FanShield, an insurance agency wholly-owned by Protecht which also founded insurtech TicketGuardian in 2016, has entered into a partnership deal with specialist insurer Markel Corporation. 28 September 2018
Insurance
Insurtech startup Broker Buddha has launched a new quoting platform for carriers, wholesalers and managing general agents (MGAs), in partnership with Dallas-based commercial insurance wholesaler Towerstone. 28 September 2018
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