News
Insurance
Blockchain insurance industry initiative B3i has added Chinese insurer China Pacific Insurance Company (CPIC) as its latest shareholder, with Li Hao joining as a member of the board. 22 August 2019
Insurance
US-based specialty insurer JenCap Holdings is to acquire Aran Insurance Services Group, a specialty programme administrator with offices in Arizona, Colorado, Massachusetts and New York. 22 August 2019
Insurance
Property/casualty insurer Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer (CUO) for national insurance – excess casualty, and Doug Manwaring as CUO of national insurance – public entities and programmes. 22 August 2019
Insurance
An analysis of more than 13,000 engineering insurance claims in the past five years has revealed seven trends that are driving some of the largest losses ever, according to global corporate insurance carrier Allianz Global Corporate & Specialty (AGCS). 22 August 2019
Insurance
Randall & Quilter Investment Holdings (R&Q) subsidiaries Accredited Surety and Casualty Company (Accredited US) and Accredited Insurance (Europe) (Accredited Europe), have completed a number of new program partnerships. 21 August 2019
Insurance
Funding for fintech is rising at a dramatic pace with positive implications for insurtech developments ramping up pressure on legacy firms to compete, research suggests. 20 August 2019
Insurance
Canadian property and casualty insurer Intact Financial Corporation has entered into a definitive agreement with Princeton Holdings to acquire The Guarantee Company of North America, a specialty lines insurer in Canada and the US, and Frank Cowan Company, a managing general agent (MGA) focused on specialty insurance, for approximately C$1 billion ($750 million) in cash. 16 August 2019
Insurance
Property/casualty insurer Travelers Companies has created a new position to lead its environmental, social and governance (ESG) efforts across the organisation. 16 August 2019
Insurance
Sydney-based independent reinsurance and binder placement broker Wickshire has been approved as a Lloyd’s of London broker. 15 August 2019
Insurance
Arch Insurance North America has entered into a definitive agreement to acquire insurtech managing general underwriter (MGU) Ventus Risk Management. 15 August 2019
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