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Broker BMS is looking to collaborate with its suppliers and insurers to ensure it maximises the potential of insurtech solutions, and it has set up a new unit dedicated to achieving this, Adam Stafford, the chief operating officer of BMS Group, told Baden-Baden Today. 22 October 2018
Insurance
Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner. 19 October 2018
Insurance
Everest Insurance has appointed Chris McKeon to lead its risk management and commercial casualty business units. 18 October 2018
Insurance
AEGIS London, a Lloyd's managing agency and the UK-based subsidiary of AEGIS, has hired James Hyett as cargo underwriter. 18 October 2018
Alternative Risk Transfer
The risk transfer landscape is being transformed by consolidation and the idea that bigger and more diversity is better—particularly if access to alternative capital is involved. But, just like in real life, some recent marriages—especially those rushed into for the wrong reasons—may well end in divorce. Intelligent Insurer reports. 18 October 2018
Insurance
Re/insurer AXA XL has received authorisation from the Central Bank of Ireland (CBI) to move its principal EU insurance company, XL Insurance Company (XLICSE), from the UK to Dublin in response to Brexit uncertainty. 17 October 2018
Insurance
Cayman Islands-based specialist property/casualty reinsurer Greenlight Capital Re has invested in digital insurance platform Click2Sure. 17 October 2018
Insurance
Insurance service provider Davies Group has acquired the claims business of Ardonagh-owned Direct Group while signing a long-term claims management deal with the UK-based insurance intermediary. 16 October 2018
Insurance
Howden, part of Hyperion Insurance Group, has appointed Sajith Kumar as CEO of its United Arab Emirates (UAE) business. 16 October 2018
Insurance
London company market premium income jumped to £26.3 billion in 2017, representing a 16 percent increase from the previous year, according to a new report by the International Underwriting Association (IUA). 16 October 2018
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