News

Insurance

Hannover Re US partners with fitness app Sweatcoin to research how physical activity mitigates mortality risks

A joint research project to study how daily physical activity can reduce the risk of disease and extend life expectancy has been launched by Hannover Life Reassurance (Hannover Re US), part of the Hannover Re Group, and Sweatcoin a digital health app.   24 September 2019

Insurance

AmTrust launches new excess casualty operation led by Everest Re's Jeff Lynn

AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re.   24 September 2019

Insurance

Former JLT Specialty USA chief Rice to lead newly-launched Cobbs Allen unit CAC Specialty

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has hired JLT's Michael Rice II as its chief executive officer (CEO).   24 September 2019

Insurance

RFIB gains Hong Kong licence, names new CEO

Re/insurance broker RFIB Group has been approved to transact general insurance business in Hong Kong.   20 September 2019

Insurance

Finance firms 'quieter on Brexit' suggests planning mostly done: EY

As the number of financial services jobs and assets being relocated from the UK eases off, EY has suggested that this shows the sector is ready for Brexit.   19 September 2019

Insurance

Ascent hires MS Amlin's Paul Western as CUO post Cove merger

London-based cyber and specialty lines managing general agent Ascent Underwriting and Cove Programs, a US construction-focused MGA, has appointed Paul Western as group chief underwriting officer (CUO).   19 September 2019

Insurance

Firms ‘struggle’ to build strong cybersecurity culture’ as leaders spend less than a day a year on cyber risk, finds Marsh

A majority of board members and senior executives with responsibility for their organisation’s cyber risk management spent “less than a day in the last year” focusing on cyber risk issues, according to a survey from insurance broker Marsh and tech company Microsoft.   18 September 2019

Insurance

Gallagher hires Steve Wilkinson to lead claims at aerospace practice

Gallagher has hired prominent aviation market veteran Steve Wilkinson as head of claims at its global aerospace practice.   18 September 2019

Insurance

Ed bolsters risk solutions with senior hire from Faraday

London-based reinsurance, wholesale and specialty broker Ed has appointed Simon Stovell as divisional director for its risk solutions team.   17 September 2019

Insurance

Cyber risk modelling start-up Kovrr raises $5.5m; sets out to tackle silent cyber with new approach

Israel-headquartered cyber risk modelling firm Kovrr has raised $5.5 million in its latest funding round led by venture capital firms StageOne Ventures and Mundi Ventures, with participation of Banco Sabadell and other private investors.   17 September 2019

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