News

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

Insurance

Global Risk Partners acquires specialist Lancashire-based intermediary 3XD

Broking firm Global Risk Partners (GRP) has acquired Lancashire-based insurance intermediary 3XD, which provides specialist insurance through a range of distribution channels including independent financial advisers.   23 July 2019

Insurance

UK insurers ‘hugely disappointed’ as Ogden discount rate set at minus 0.25%

UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019.   15 July 2019

Insurance

Ryan Specialty bags group chief compliance officer from Chubb

Chicago-based specialty insurance services business Ryan Specialty Group (RSG) has appointed Michael Blackshear as senior vice president and global chief compliance officer.   10 July 2019

Technology

Grappling with the fifth theatre of warfare

As the rating agencies, regulators and investors wake up to the magnitude of the threat posed by silent cyber risk, re/insurers must get their act together and tackle this large and infinitely complex risk head-on. Intelligent Insurer reports.   27 June 2019

Alternative Risk Transfer

Artex shuffles senior ILS and Bermuda leadership in growth push

Artex Risk Solutions, a Bermuda-based global insurance management firm, has made a series of key appointments within its international division.   18 June 2019

Insurance

Guy Carpenter taps Lloyd’s and London market experts to expand international analytics, advisory capabilities

Reinsurance broker Guy Carpenter has made a series of new hires in London, including the chief actuary of Lloyd’s, to expand its advisory and analytics capabilities across its international platform.   13 May 2019

Insurance

PWC: UK insurers could bag £49.5bn ‘disruption’ boost by 2030

The UK’s financial sector is predicted to be in line for £100 billion increase in new business by 2030, as technological advances collide with macro-economic and behavioural shifts, PWC has said.   8 May 2019

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