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Insurance
Willis Towers Watson has transferred its UK Insurance Investment Solutions Group (IISG) to the company’s Insurance Consulting and Technology (ICT) UK Life business. 5 April 2018
Insurance
Specialty insurance holding The Navigators Group and Protective Insurance have entered into a workers’ compensation underwriting partnership. 5 April 2018
Insurance
Zurich Insurance Group has elected former Swiss Re CEO Michel Liès as chairman of the board of directors for a one-year term. 5 April 2018
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed Nicholas Pooley as the new aviation major risks product lead for North America, based in New York. 5 April 2018
Insurance
Broker Lockton has appointed senior vice presidents Jon Green and Chris Rofe to jointly assume the leadership responsibilities for its UK and international benefits practice. 5 April 2018
Alternative Risk Transfer
The US Federal Emergency Management Agency (FEMA) plans to secure additional reinsurance cover for the National Flood Insurance Program (NFIP) by engaging the capital markets for the first time through an insurance-linked securities (ILS) transaction on or about July 1, 2018. 4 April 2018
Insurance
The founders of the Blockchain Insurance Industry Initiative (B3i) have launched B3i Services in Zurich, Switzerland. 26 March 2018
Insurance
Liverpool Victoria (LV=) General Insurance (GI), the UK’s third largest car insurer has appointed Kieran O’Keeffe as chief risk officer with immediate effect. 23 March 2018
Insurance
Artificial Intelligence (AI) agents will take over many decisions from humans in future, but they cannot legally be held liable for those decisions, creating new liability challenges to the insurance industry, according to a new report by Allianz. 22 March 2018
Insurance
The UK’s ministry of justice is introducing a bill to reduce the number of whiplash claims as well as changes to the Ogden personal injury discount rate. 20 March 2018
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