News
Insurance
American International Group (AIG) has appointed The Hartford's Sabra Purtill in a newly created role of deputy CFO, head of treasury, investor & rating agency relations, and corporate development. 22 August 2019
Insurance
Broker Marsh has unveiled new leadership in its US and Canada energy and power practice with the appointment of Amy Barnes and Brad Vescarelli. 22 August 2019
Insurance
Property/casualty insurer Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer (CUO) for national insurance – excess casualty, and Doug Manwaring as CUO of national insurance – public entities and programmes. 22 August 2019
Insurance
An analysis of more than 13,000 engineering insurance claims in the past five years has revealed seven trends that are driving some of the largest losses ever, according to global corporate insurance carrier Allianz Global Corporate & Specialty (AGCS). 22 August 2019
Insurance
Specialist independent Lloyd’s broker SSL Endeavour has unveiled two “important” senior executive hires for the group on the same day it confirmed it was finalising the acquisition of Worldlink Holdings, a North American aviation brokerage and MGA. 21 August 2019
Insurance
Lockton has appointed Devin Beresheim as executive vice president at its Lockton Specialty Practices, replacing Brian Kawamoto who retired last year. 20 August 2019
Insurance
Specialist MGA Avid Insurance Services has sold a majority stake in the company to Beech Tree Private Equity (BTPE). 20 August 2019
Insurance
The California Earthquake Authority (CEA) has appointed Guy Carpenter as sole reinsurance intermediary for its recently created California Wildfire Fund to develop a risk transfer and reinsurance strategy. 20 August 2019
Insurance
Bermuda-based Syncora Holdings has entered into an agreement to sell its New York financial guarantee insurance subsidiary to Star Insurance Holdings, a part of GoldenTree Asset Management, for $392.5 million in cash. 16 August 2019
Insurance
US-based enterprise risk management agency Cobbs Allen has formed a new specialty insurance brokerage and investment banking platform to serve corporates and private equity clients. The company believes that current consolidation in the marketplace has created a need for an independent platform with scalability and the ability to move quickly and nimbly. 16 August 2019
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