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Insurance

Uinsure partners with WhenFresh to launch ‘Zero Questions Asked’ quotes

General insurer (GI) Uinsure has launched a ‘zero questions asked’ quote platform for UK home insurance in partnership with big data ‘supermarket’ insurtech WhenFresh.   12 July 2019

Insurance

GIC India chief Alice Vaidyan to retire at end of July

Alice G Vaidyan, chairman and managing director of the Indian state-owned reinsurer General Insurance Corporation of India (GIC Re), is retiring at the end of July, Intelligent Insurer can reveal.   11 July 2019

Insurance

EC3 Brokers hires former Greenlight Re, Wellington executives for US expansion

London-based EC3 Brokers has appointed James Norris as chief actuary and Terry Holley as senior vice president in the US.   11 July 2019

Insurance

AXA UK&I chief risk officer Evan Waks departs, is replaced by Direct Line director David Baker

Re/insurer AXA UK & Ireland has appointed David Baker as new chief risk officer, replacing Evan Waks who is leaving to pursue opportunities outside the company.   10 July 2019

Insurance

Brit hires US casualty vice presidents from Swiss Re and Redstone

Specialty re/insurer Brit has hired Garick Zillgitt from Swiss Re and Justin Magee from Redstone Underwriters to strengthen its casualty portfolio in the US.   10 July 2019

Insurance

Pro Global and CSA launch Cyber Audit Practice to reduce insurance exposure

Pro Global has launched Cyber Audit Practice in partnership with cyber security firm Cyber Security Associates (CSA) to mitigate the risk for the insurance sector, as news that British Airways faces a huge £183.39 million fine for breaching data protection law was revealed this week.   9 July 2019

Insurance

Mactavish warns ‘GDPR fines unlikely to be insurable’ as British Airways faces £183.39m penalty for data breach

Cyber security hit the headlines again this week as a UK watchdog said it intends to fine British Airways (BA) £183.39m for breaches of data protection law.   9 July 2019

Insurance

Gallagher snaps up Florida insurance agency Stonehenge

Insurance brokerage and risk management firm Arthur J Gallagher has acquired Florida-based Stonehenge Insurance Solutions to strengthen its retail and wholesale brokerage capabilities in the US market.   9 July 2019

Insurance

Proposals from UK’s Flood Re could mean more money to ‘build back better’

Flood Re, a joint initiative between the UK government and insurers, has made key proposals that would see it work with insurers to help claimants “build back better” by permitting the payment of claims to include an additional amount for resilient or resistant repair, “above and beyond the original damage”.   8 July 2019

Insurance

Fairfax's RiverStone acquires third-party administrator Rockville

Fairfax-owned insurance run-off management company RiverStone has acquired New York-based third-party administrator and loss adjuster Rockville.   8 July 2019

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