News
Insurance
AmTrust Financial Services, through its subsidiary AmTrust International, has acquired Legal Insurance Management Group (LIM), a specialist in the legal expenses, professional fees, home emergency and vehicle breakdown insurance markets in the UK and Ireland. 2 August 2019
Insurance
Broker Willis Towers Watson has launched a "action plan" specifically to deal with disruption caused by drones as the incidents have increased sharply in the last two-three years, raising concerns for the aviation insurance industry. 2 August 2019
Insurance
BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has appointed Mark Costin and Oyin Heath to join its newly-formed global aviation and space re/insurance broker as senior partners. 2 August 2019
Insurance
Bermuda-based Everest Re Group has hired Chubb's Juan Andrade as chief operating officer (COO) effective September 1, 2019. He will succeed Dominic Addesso as president and chief executive officer (CEO) of the company from January 1, 2020. 2 August 2019
Insurance
Property/casualty insurer Chubb has appointed Juan Luis Ortega as executive vice president, Chubb Group and president, overseas general insurance. 2 August 2019
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings has appointed Jason Busti as president of North America. 2 August 2019
Insurance
Lloyd’s Lab, the experimental development hub for Lloyd’s of London, has unveiled its third cohort of 11 teams, which include AI, big data, microweather technology, risk modelling and language processing innovators. Lloyd's chair Bruce Carnegie-Brown said the chosen firms are the "brightest and best talent from the technology sector". 1 August 2019
Insurance
London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has partnered with car rental startup Splend to provide cover for its UK fleet. 1 August 2019
Insurance
London-based EC3 Brokers has expanded its UK contingency and entertainment division with senior appointments. The new members are the latest joining from Integro Insurance Brokers following James Murphy as head of broking in May. 1 August 2019
Insurance
Specialty insurer Markel International has appointed Mark Nunn as energy underwriter based in Singapore. 1 August 2019
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