News

Insurance

Liberty Specialty Markets appoints head of financial lines France from AIG

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Antoine Brodu as head of financial lines, France.   29 August 2019

Insurance

Lack of diversity in insurance can't be fixed overnight — it's a work in progress

The dial is slowly shifting for diversity and inclusion in the insurance industry, but is still lagging far behind other sectors due to the lack of flexibility in workplaces and initiatives to support change.   28 August 2019

Insurance

Insurtech Kin raises $47m to launch Florida carrier with Hudson Structured backing

Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program.   28 August 2019

Insurance

Munich Re's ERGO partners with AI-powered insurtech FRISS to improve claims process

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has partnered with Munich Re company ERGO Germany.   28 August 2019

Insurance

IGI CEO Jabsheh points to ‘healthier’ insurance market as H1 2019 results show growth

International General Insurance (IGI) has reported a rise in net profits and gross written premiums (GWP) as vice chairman and CEO Wasef Jabsheh pointed to the insurance market being in a “healthier position than it has been for a long time”.   27 August 2019

Insurance

Chubb launches expanded liability solutions for middle market to help close coverage gaps

Property/casualty insurer Chubb has launched a new platform designed for middle market manufacturers as they embrace new technologies and processes to remain competitive.   23 August 2019

Insurance

Ryan Specialty Group acquires US programme manager Suitelife

US specialty insurance services business Ryan Specialty Group (RSG) is acquiring the assets and operations of Pennsylvania-based programme manager The Suitelife.   23 August 2019

Insurance

China Pacific invests in B3i; insurance blockchain seeks expansion in new and growing markets

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

Carlyle-backed JenCap to acquire specialty programme administrator Aran 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

Liberty Mutual names new excess casualty and public entity CUOs

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

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