News

News

Mastering a new AI-driven insurance world

The ways risks are likely to change due to artificial intelligence (AI) are manifold, presenting many challenges to the insurance industry, but they are the subject of much current debate and development, as Allianz and SCOR suggest in their reports.   13 April 2018

Insurance

Marsh appoints new UK & Ireland CEO as Weil departs for PE firm

Insurance broker Marsh has named Chris Lay as new CEO of its UK & Ireland region, succeeding Mark Weil who is leaving Marsh to take up a senior role in the private equity sector.   13 April 2018

Insurance

AIG poaches XL Catlin's global head of claims Vidovich

American International Group (AIG) has appointed XL Catlin's Anthony Vidovich as chief claims officer, general insurance.   13 April 2018

News

VIG Re plans Asia, Europe expansion, says chairman

VIG Re wants to expand in continental Europe as well as Asia, according to Karl Fink, chairman of the supervisory board of VIG Re.   13 April 2018

Insurance

Insurers refocus strategy to reduce capital intensity

Strategically, insurers are reducing the capital intensity of the business by focussing on health, protection, unit-linked, asset management and short-tail property/casualty (P&C) lines, according to Morgan Stanley.   13 April 2018

Insurance

AM Best warns over cyber challenge for insurers

Cyber risk assessment and mitigation should be a top priority for insurers in their enterprise risk management (ERM) efforts, according to AM Best.   13 April 2018

Insurance

Alliant acquires New York insurance brokerage Crystal & Company

Alliant Insurance Services, a specialty insurance brokerage firm, has entered into a definitive agreement to acquire New York-based Crystal & Company.   13 April 2018

Insurance

Marsh unveils digital labs in insurtech push

Global insurance broking and risk management firm Marsh has launched Marsh Digital Labs to develop next-generation insurance products and distribution channels.   13 April 2018

Insurance

AXA backs insurtech for pay-by-mile car insurance in UK

The UK unit of French insurance giant AXA has partnered with pay-by-mile insurtech startup By Miles, which is launching a product aimed at motorists that drive infrequently – typically under 7,000 miles a year.   13 April 2018

Insurance

CNA appoints global reinsurance SVP from AIG

US commercial insurer CNA has appointed Mark James as senior vice president (SVP) global reinsurance, responsible for the firm's reinsurance strategies and purchasing around the globe.   12 April 2018

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