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Insurance
Insurance brokerage and risk management firm Risk Strategies has acquired California-based employee consulting and benefits brokerage Craford Benefit Consultants. The deal expands its geographic footprint and builds expertise in complex cases and financial modelling.   19 June 2018
Insurance
Arthur J Gallagher has appointed Simon Matson, currently head of Gallagher’s London Market and Alesco businesses, as the new CEO of its UK-based brokerage and underwriting division.   18 June 2018
Lemonade sues ONE Insurance and parent wefox over copying software
Insurance
AI-powered insurtech firm Lemonade Insurance Company has filed a lawsuit against ONE Insurance, its parent wefox Group and founder Julian Teicke, over claims of it copying Lemonade’s app and website.   15 June 2018
Insurance
The 2018 FIFA World Cup in Russia involves a number of significant risks for those involved, including the World Football association, FIFA, organisers in Russia, sponsors and broadcasters, along with the football players and fans.   15 June 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International Holdings has launched a new transaction risk insurance line of business, expanding its professional lines insurance offerings, in Europe.   15 June 2018
Insurance
Ironshore has expanded its mergers & acquisitions (M&A) team to meet the growing demand in the Americas and develop new solutions to address the complex transactional risks. The company has hired senior executives from Aon, AIG and XL Catlin.   15 June 2018
Insurance
US-based Sequoia Reinsurance has begun operations focusing on HMO reinsurance and provider excess, while appointing former PartnerRe executive Dan Bolgar as its CEO.   15 June 2018
Insurance
Hyperion Insurance Group has entered into a global shared services partnership with global business process management (BPM) services provider WNS Holdings.   15 June 2018
Insurance
The overall property and casualty industry’s loss reserve position appears to be sufficient, after again strengthening in 2017.   15 June 2018
Insurance
Ryan Specialty Group (RSG) has appointed Katie Davies to join an RSG affiliate as president and CEO of a new property catastrophe managing underwriting facility.   15 June 2018

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