News
Insurance
London-based cyber and specialty lines managing general agent Ascent Underwriting and Cove Programs, a US construction-focused MGA, has appointed Paul Western as group chief underwriting officer (CUO). 19 September 2019
Insurance
Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991 and 3330, has appointed David Hipkin as a non-executive director. 19 September 2019
News
US reinsurance broker Holborn Corporation has appointed Paul Hoska as senior vice president, based in Kansas, as it seeks to grow further in the midwest region. 18 September 2019
Insurance
A majority of board members and senior executives with responsibility for their organisation’s cyber risk management spent “less than a day in the last year” focusing on cyber risk issues, according to a survey from insurance broker Marsh and tech company Microsoft. 18 September 2019
Insurance
Two London market veterans have launched a new body, the Commonwealth Insurance Forum (CIF), to promote the industry within the 53 countries of the British Commonwealth. 16 September 2019
Insurance
London-based House of Insurtech has launched a new cloud-based 'underwriting-as-a-service' platform, called Insurforce, that aims to lower administration cost, and increase flexibility for insurers, MGAs and brokers. 16 September 2019
Insurance
Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers. 16 September 2019
Insurance
RSA Insurance Group has appointed Kevin Thompson as the new chief executive of its Irish business, RSA Ireland, replacing Ken Norgrove who is moving to the role of CEO of Codan/Trygg-Hansa, the company's Scandinavian business. 16 September 2019
Insurance
A new research conducted by Cybersecurity Ventures suggests that the annual global cyber losses are expected to reach $6 trillion by 2021, with cyber security spending projected to exceed $1 trillion cumulative in the five years period leading up to 2021. 13 September 2019
Insurance
New York-based NeuralMetrics, an insurtech data provider using natural language processing (NLP) technologies to power a real-time, alternative data engine for commercial lines general or property and casualty (P&C) insurance companies, has launched in the US. 13 September 2019
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