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Insurance
Hive Aero, a managing general agency (MGA) specialising in aviation hull war insurance, has hired Mark Shurville as aviation analyst. 8 October 2019
Insurance
Gradient AI, an artificial intelligence solutions provider in the insurance technology space, has raised $6 million in a Series A financing led by Forte Ventures and Sandbox Insurtech Ventures. The round also includes participation from Gradient’s existing investor MassMutual Ventures. 7 October 2019
Insurance
Only 37% of insurers have a holistic digital transformation strategy in place, despite the vast majority saying that capabilities in this area are important. 7 October 2019
Insurance
UK managing general agent Globe Underwriting has appointed David Dymond as the new head of marine and transport following the retirement of Peter Rogers. 7 October 2019
Insurance
Florida-based broking firm Brown & Brown has appointed Stephen Boyd as senior vice president of technology, innovation, and digital strategy. 4 October 2019
Insurance
Technology is giving a competitive edge to insurers in the form of faster claims settlements, but this must not come at the expense of a positive client experience, according to claims leaders from Beazley and LV=. 4 October 2019
Insurance
Some six million customers are overpaying for their insurance, according to the UK’s watchdog, the Financial Conduct Authority (FCA), which has proposed tough new measures to address the issue. 4 October 2019
Insurance
Everest Insurance Ireland, DAC (EIID), the Dublin-based subsidiary of Everest Re Group, has announced that its newly-launched branch office in the UK is now fully operational. 4 October 2019
Alternative Risk Transfer
Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations. 3 October 2019
Insurance
Digital risk placement Whitespace is donating its digital contract data structures to ACORD, the Association for Cooperative Operations Research and Development, the standards-setting body for the global insurance industry. 3 October 2019
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