News

Insurance

Cyber attacks on the rise — but companies still unprepared to tackle major threat

Cyber risks are the top concern among businesses of all sizes, but nearly half of them still don't have proper insurance coverage or risk management measures in place to address possible exposures, reveals a new survey by property/casualty insurer Travelers.   30 September 2019

Insurance

CAC Specialty hires JLT talent to lead portfolio solutions group

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has appointed André Eichenholtz as the leader of its portfolio solutions group.   30 September 2019

Insurance

Willis Towers Watson appoints Joe Peiser to lead global broking strategy

Broker Willis Towers Watson has appointed Joe Peiser as global head of Broking within its corporate risk and broking segment.   27 September 2019

Insurance

Homes will be digital fortresses in 2040, and require enhanced insurance solutions: Allianz

Advances and security mean homes will be digital fortresses in 2040, and living with robots will be the norm, requiring new approaches to insurance.   25 September 2019

Insurance

Trak Global appoints Leon Hurst to head mobility division

Trak Global has appointed Leon Hurst to head up its growth plans in the automotive and mobility sectors.   25 September 2019

Insurance

Marsh pilots new blockchain-powered platform to transform insurance placement process

Broker Marsh is piloting a new blockchain-powered digital placement platform that it claims has the potential to "transform the insurance placement process".   25 September 2019

Insurance

AXA XL teams up with Accenture on cybersecurity services

Re/insurer AXA XL has partnered with Accenture to offer global cybersecurity expertise, including threat intelligence, risk mitigation and post breach services, to its underwriters, brokers and clients.   25 September 2019

Insurance

Swiss Re plans changes to Australian business, seeks court approval

Swiss Re has unveiled its internal restructuring plan that will see its Australian branch's insurance and reinsurance business transfer to Swiss Re Asia.   25 September 2019

Insurance

Mutual insurers in good shape with higher capital adequacy ratios: Aon and Namic

Mutual insurance companies in the US are in strong financial shape and less leveraged than those quoted on the stock exchange.   24 September 2019

Insurance

Commercial insurtech Bold Penguin raises $32m Series B led by HSCM, Lockton

US-based commercial insurance technology company Bold Penguin has secured $32 million Series B funding led by Hudson Structured Capital Management (HSCM), Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital.   24 September 2019

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