News

Insurance

US-based Cobbs Allen launches new specialty broking unit

US-based independent agency Cobbs Allen has launched a specialty insurance brokerage business with the hiring of senior insurance executives Paul Sparks and Darren Sonderman.   29 July 2019

Insurance

Marsh appoints JLT's Ian Drillot as head of Guernsey captive operations

Broker Marsh has appointed Ian Drillot as new head of office, Marsh Captive Solutions, Guernsey, succeeding Stephen Hawkes, who is returning to the UK to take up a new role developing the company's international captive solutions.   29 July 2019

Insurance

Blue Capital Re to wind up operations, pursue run-off of liabilities and in-force treaties

Blue Capital Reinsurance Holdings has decided to cease active operations and pursue an orderly run-off of its liabilities and in-force portfolio and return capital to shareholders as it winds up operations.   26 July 2019

Insurance

HDI Global Specialty acquires Swedish MGA Svedea in expansion strategy

HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has acquired alternative specialty lines managing general agent (MGA) Svedea to strengthen its position in Sweden.   23 July 2019

Insurance

Price Forbes swoops for JLT team to launch new professional liability unit

Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has launched a new professional liability division following the hire of an experienced team that previously worked at wholesale insurance broker Lloyd & Partners, which was merged with JLT Specialty in 2015.   23 July 2019

Insurance

Phinsys and PWC unite to deliver tech tools to manage rise in regulatory demands; IFRS17

A partnership between finance automation software provider Phinsys and consultants PwC has developed technology to enable finance transformation and streamlined IFRS 17 projects.   23 July 2019

Insurance

Liberty Specialty Markets appoints Jon Rigby as first chief cyber officer

Liberty Specialty Markets (LSM) has appointed Jon Rigby to the newly created role of chief cyber officer, based in London.   23 July 2019

Insurance

AI-powered insurtech FRISS enters UK to tackle insurance fraud

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has opened its UK office led by Martyn Griffiths.   23 July 2019

Insurance

Ensurance launches terrorism and sabotage insurance early in US and Australia

Specialist managing general agent (MGA) and Lloyd’s coverholder Ensurance has extended its terrorism and sabotage insurance to the US and Australian markets ahead of schedule.   23 July 2019

Insurance

Aon promotes Vincent Barrett to regional head of captives EMEA

Aon has appointed Vincent Barrett as regional managing director EMEA for its captive & insurance management business, based in Dublin.   23 July 2019

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