News
Alternative Risk Transfer
The nat cat loss experiences of 2017 and 2018 have shown the weaknesses of relying upon a standardised external model without internal enhancement through the application of expert judgement and actuarial technique. Dirk Lohmann of Schroders investigates the solutions. 9 October 2019
Insurance
BMS Group has secured a long-term equity investment, which values the specialist re/insurance broker at £500 million, from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). 9 October 2019
Insurance
UK-based insurtech firm Inzura.ai, which offers insurers and brokers mobile-centric tools designed to accelerate user engagement and company profits using advanced machine learning, integrated dashcams and AI, has hired a senior industry telematics specialist to further expand its business. 9 October 2019
Insurance
Global insurance broker and risk adviser Marsh has made four senior appointments to Marsh JLT Specialty’s Aviation Practice in London and New York. 8 October 2019
Insurance
Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group. 8 October 2019
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
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